1140 LACEFLOWER LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $400,920 and $614,811, with a best estimate of $445,026. That places the property above the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$445,026
$588,037
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L108416C - OAK CREEK MERITAGE/CASTLE ROCK, this home's estimated market value is between $400,920 and $614,811. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$27,682 for 136 sqft more living space and -$985 for being older. Net adjustment: +$26,697.
Adjusted -$4,478 for 22 sqft less living space and -$2,954 for being older. Net adjustment: -$7,432.
Adjusted +$2,850 for 14 sqft more living space and -$2,954 for being older. Net adjustment: -$104.
Adjusted +$33,992 for 167 sqft more living space and -$985 for being older. Net adjustment: +$33,007.
Adjusted +$21,169 for 104 sqft more living space and -$985 for being older. Net adjustment: +$20,184.
The Neighborhood
This home is valued 36.6% above the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353. With 299 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.4% over the past year.
L108416C - OAK CREEK MERITAGE/CASTLE ROCK
above averageThis home is +36.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,986 across all districts. With a homestead exemption claimed, that drops to $10,331 — saving $1,655 per year. That's $861 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% | $6,391 |
| Leander | City | 0.4173% | $2,454 |
| Williamson County | County | 0.3694% | $2,172 |
| Austin Community College | special | 0.1034% | $608 |
| Williamson County FM/Rd | County | 0.0443% | $261 |
| Upper Brushy Creek WCID | Water | 0.0170% | $100 |
| Oak Creek PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $11,986 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $445,026 would pay approximately $2,778 per month (principal and interest only, excluding taxes and insurance).