406 LAS COLINAS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $288,524 and $655,972, with a best estimate of $497,287. 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
$497,287
$493,048
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $288,524 and $655,972. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$105,154 for 538 sqft less living space and +$723 for being newer. Net adjustment: -$104,431.
Adjusted -$55,704 for 285 sqft less living space. Net adjustment: -$55,704.
Adjusted -$84,436 for 432 sqft less living space and +$1,446 for being newer. Net adjustment: -$82,990.
Adjusted +$117,272 for 600 sqft more living space. Net adjustment: +$117,272.
Adjusted +$27,754 for 142 sqft more living space and -$7,230 for being older. Net adjustment: +$20,524.
The Neighborhood
This home is valued 29.3% 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 +29.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,050 across all districts. With a homestead exemption claimed, that drops to $8,416 — saving $1,634 per year. That's $701 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% | $5,359 |
| Leander | City | 0.4173% | $2,057 |
| Williamson County | County | 0.3694% | $1,822 |
| Austin Community College | special | 0.1034% | $510 |
| Williamson County FM/Rd | County | 0.0443% | $219 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $10,050 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $497,287 would pay approximately $3,104 per month (principal and interest only, excluding taxes and insurance).