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3118 MEDIA DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed3 bath2,227 sqftBuilt 2017

Property at a Glance

This home is estimated between $443,019 and $793,478, with a best estimate of $615,432. That places the property below the L421509C - CABALLO RANCH median of $665,568, in a neighborhood that declined 1.5% over the past year.

Estimated Value Range

$443,019 $793,478
Best Estimate
$615,432
WCAD Value
$875,944
Low Confidence

Based on 5 comparable properties(1 in the same subdivision)

There are 5 comparable properties within range, but few are in L421509C - CABALLO RANCH. The estimated range of $443,019 and $793,478 should be treated as a rough guide.

Comparable Properties (5)

4 bed 3 bath 2,248 sqft Built 2022
Raw Value $517,593
Adjusted Value $443,019

Adjusted -$5,353 for 21 sqft less living space and -$69,221 for being older. Net adjustment: -$74,574.

3112 MEDIA DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 3 bath 2,082 sqft Built 2016
Raw Value $742,674
Adjusted Value $793,478

Adjusted +$36,960 for 145 sqft more living space and +$13,844 for being newer. Net adjustment: +$50,804.

4 bed 3 bath 2,000 sqft Built 2014
Raw Value $516,038
Adjusted Value $615,432

Adjusted +$57,861 for 227 sqft more living space and +$41,533 for being newer. Net adjustment: +$99,394.

4 bed 3 bath 2,222 sqft Built 2014
Raw Value $726,755
Adjusted Value $769,562

Adjusted +$1,274 for 5 sqft more living space and +$41,533 for being newer. Net adjustment: +$42,807.

4 bed 3 bath 2,168 sqft Built 2013
Raw Value $514,680
Adjusted Value $585,096

Adjusted +$15,039 for 59 sqft more living space and +$55,377 for being newer. Net adjustment: +$70,416.

The Neighborhood

This home is valued 31.6% above the L421509C - CABALLO RANCH median of $665,568. With 418 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.5% over the past year.

L421509C - CABALLO RANCH

above average
418 Properties
$665,568 Median Value
-1.5% YoY Change
1% Have Pool
100% Have Garage
This Home
$875,944
Median
$665,568

This home is +31.6% above the subdivision median.

Tax Analysis

The estimated annual property tax is $17,353 across all districts. With a homestead exemption claimed, that drops to $15,638 — saving $1,715 per year. That's $1,303 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$9,521
Williamson CountyCounty0.3694%$3,236
Cedar ParkCity0.3600%$3,153
Austin Community Collegespecial0.1034%$906
Williamson County FM/RdCounty0.0443%$388
Upper Brushy Creek WCIDWater0.0170%$149
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.9811%$17,353

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $615,432 would pay approximately $3,842 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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