2720 GREAT OWL PASS, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $708,440 and $825,372, with a best estimate of $731,154. That places the property below the L117415B - GREATWOOD median of $882,712, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$731,154
$839,143
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $708,440 and $825,372. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$224,536 for 817 sqft less living space and -$1,459 for being older. Net adjustment: -$225,995.
Adjusted +$65,684 for 239 sqft more living space and +$1,459 for being newer. Net adjustment: +$67,143.
Adjusted -$60,463 for 220 sqft less living space and +$1,459 for being newer. Net adjustment: -$59,004.
Adjusted -$254,767 for 927 sqft less living space. Net adjustment: -$254,767.
Adjusted -$29,407 for 107 sqft less living space and +$7,296 for being newer. Net adjustment: -$22,111.
The Neighborhood
This home is valued 4.9% below the L117415B - GREATWOOD median of $882,712. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.7% over the past year.
L117415B - GREATWOOD
typicalThis home is -4.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $17,105 across all districts. With a homestead exemption claimed, that drops to $15,393 — saving $1,712 per year. That's $1,283 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% | $9,121 |
| Leander | City | 0.4173% | $3,502 |
| Williamson County | County | 0.3694% | $3,100 |
| Austin Community College | special | 0.1034% | $868 |
| Williamson County FM/Rd | County | 0.0443% | $372 |
| Upper Brushy Creek WCID | Water | 0.0170% | $143 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $17,105 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $731,154 would pay approximately $4,564 per month (principal and interest only, excluding taxes and insurance).