3705 PROSPER RD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $552,574 and $670,572, with a best estimate of $586,522. That places the property below the L494522C - EDGEWOOD median of $654,811, in a neighborhood that appreciated 195.7% over the past year.
Estimated Value Range
$586,522
$631,340
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 $552,574 and $670,572. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$17,820 for 58 sqft more living space. Net adjustment: +$17,820.
Adjusted -$138,569 for 451 sqft less living space and -$15,479 for being older. Net adjustment: -$154,048.
Adjusted -$184,041 for 599 sqft less living space and -$15,479 for being older. Net adjustment: -$199,520.
Adjusted -$185,578 for 604 sqft less living space and -$15,479 for being older. Net adjustment: -$201,057.
Adjusted -$106,308 for 346 sqft less living space and -$30,959 for being older. Net adjustment: -$137,267.
The Neighborhood
This home is valued 3.6% below the L494522C - EDGEWOOD median of $654,811. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 195.7% over the past year.
L494522C - EDGEWOOD
typicalThis home is -3.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,869 across all districts. With a homestead exemption claimed, that drops to $11,204 — saving $1,665 per year. That's $934 per month a buyer should budget. The assessed value increased +405.1% vs the subdivision average of +195.7%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $6,862 |
| Leander | City | 0.4173% | $2,634 |
| Williamson County | County | 0.3694% | $2,332 |
| Austin Community College | special | 0.1034% | $653 |
| Williamson County FM/Rd | County | 0.0443% | $280 |
| Upper Brushy Creek WCID | Water | 0.0170% | $107 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $12,869 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $586,522 would pay approximately $3,661 per month (principal and interest only, excluding taxes and insurance).