1016 DOWNRIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $376,905 and $493,097, with a best estimate of $423,887. That places the property above the L488311E - CRYSTAL CROSSING median of $395,388, in a neighborhood that declined 0.1% over the past year.
Estimated Value Range
$423,887
$347,126
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L488311E - CRYSTAL CROSSING. The estimated range of $376,905 and $493,097 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$41,407 for 189 sqft more living space and +$13,208 for being newer. Net adjustment: +$54,615.
Adjusted +$33,739 for 154 sqft more living space and -$13,208 for being older. Net adjustment: +$20,531.
Adjusted -$43,160 for 197 sqft less living space and +$6,604 for being newer. Net adjustment: -$36,556.
Adjusted +$74,269 for 339 sqft more living space and -$6,604 for being older. Net adjustment: +$67,665.
Adjusted +$70,326 for 321 sqft more living space and +$13,208 for being newer. Net adjustment: +$83,534.
The Neighborhood
This home is valued 12.2% below the L488311E - CRYSTAL CROSSING median of $395,388. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.1% over the past year.
L488311E - CRYSTAL CROSSING
typicalThis home is -12.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,076 across all districts. With a homestead exemption claimed, that drops to $5,469 — saving $1,607 per year. That's $456 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,773 |
| Leander | City | 0.4173% | $1,448 |
| Williamson County | County | 0.3694% | $1,282 |
| Austin Community College | special | 0.1034% | $359 |
| Williamson County FM/Rd | County | 0.0443% | $154 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,076 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $423,887 would pay approximately $2,646 per month (principal and interest only, excluding taxes and insurance).