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203 MICHAEL CV, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath646 sqftBuilt 2009

Property at a Glance

This home is estimated between $231,927 and $294,763, with a best estimate of $248,301. That places the property below the L201400G - Westwood, All Sections median of $334,028, in a neighborhood that declined 7.9% over the past year.

Estimated Value Range

$231,927 $294,763
Best Estimate
$248,301
WCAD Value
$329,081
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in L201400G - Westwood, All Sections, this home's estimated market value is between $231,927 and $294,763. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

201 MICHAEL CV, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 795 sqft Built 2010
Raw Value $328,347
Adjusted Value $285,082

Adjusted -$42,631 for 149 sqft less living space and -$634 for being older. Net adjustment: -$43,265.

206 MICHAEL CV, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 999 sqft Built 2008
Raw Value $345,957
Adjusted Value $245,593

Adjusted -$100,998 for 353 sqft less living space and +$634 for being newer. Net adjustment: -$100,364.

2304 COTTONTAIL DR, LEANDER, TX 78641
0.04 mi 100% similar Same subdivision
3 bed 2 bath 963 sqft Built 2003
Raw Value $335,196
Adjusted Value $248,301

Adjusted -$90,698 for 317 sqft less living space and +$3,803 for being newer. Net adjustment: -$86,895.

200 MICHAEL CV, LEANDER, TX 78641
0.04 mi 100% similar Same subdivision
3 bed 2 bath 1,000 sqft Built 2007
Raw Value $331,943
Adjusted Value $231,927

Adjusted -$101,284 for 354 sqft less living space and +$1,268 for being newer. Net adjustment: -$100,016.

202 MICHAEL CV, LEANDER, TX 78641
0.04 mi 100% similar Same subdivision
3 bed 2 bath 783 sqft Built 2010
Raw Value $334,594
Adjusted Value $294,763

Adjusted -$39,197 for 137 sqft less living space and -$634 for being older. Net adjustment: -$39,831.

The Neighborhood

This home is valued 1.5% below the L201400G - Westwood, All Sections median of $334,028. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.9% over the past year.

L201400G - Westwood, All Sections

typical
517 Properties
$334,028 Median Value
-7.9% YoY Change
0% Have Pool
100% Have Garage
This Home
$329,081
Median
$334,028

This home is -1.5% below the subdivision median.

Tax Analysis

The estimated annual property tax is $6,708 across all districts. With a homestead exemption claimed, that drops to $5,105 — saving $1,603 per year. That's $425 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$3,577
LeanderCity0.4173%$1,373
Williamson CountyCounty0.3694%$1,216
Austin Community Collegespecial0.1034%$340
Williamson County FM/RdCounty0.0443%$146
Upper Brushy Creek WCIDWater0.0170%$56
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$6,708

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $248,301 would pay approximately $1,550 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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