506 OLMOS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $369,555 and $655,355, with a best estimate of $509,618. That places the property above the L206414D - Villas at Vista Ridge median of $381,355, in a neighborhood that declined 5.2% over the past year.
Estimated Value Range
$509,618
$506,939
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L206414D - Villas at Vista Ridge. The estimated range of $369,555 and $655,355 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$37,136 for 190 sqft more living space and -$6,507 for being older. Net adjustment: +$30,629.
Adjusted +$195 for 1 sqft more living space and -$5,784 for being older. Net adjustment: -$5,589.
Adjusted -$23,650 for 121 sqft less living space and +$3,615 for being newer. Net adjustment: -$20,035.
Adjusted +$44,954 for 230 sqft more living space and +$1,446 for being newer. Net adjustment: +$46,400.
Adjusted -$19,936 for 102 sqft less living space and -$6,507 for being older. Net adjustment: -$26,443.
The Neighborhood
This home is valued 32.9% above the L206414D - Villas at Vista Ridge median of $381,355. With 547 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.2% over the past year.
L206414D - Villas at Vista Ridge
above averageThis home is +32.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,333 across all districts. With a homestead exemption claimed, that drops to $8,697 — saving $1,636 per year. That's $725 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% | $5,510 |
| Leander | City | 0.4173% | $2,115 |
| Williamson County | County | 0.3694% | $1,873 |
| Austin Community College | special | 0.1034% | $524 |
| Williamson County FM/Rd | County | 0.0443% | $225 |
| Upper Brushy Creek WCID | Water | 0.0170% | $86 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $10,333 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $509,618 would pay approximately $3,181 per month (principal and interest only, excluding taxes and insurance).