2400 BRANDING IRON LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $400,800 and $577,224, with a best estimate of $410,564. That places the property below the L250501E - LAKELINE RANCH median of $433,223, in a neighborhood that appreciated 0.2% over the past year.
Estimated Value Range
$410,564
$398,914
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $400,800 and $577,224. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$121,693 for 560 sqft more living space and -$5,195 for being older. Net adjustment: +$116,498.
Adjusted +$1,304 for 6 sqft more living space and -$5,195 for being older. Net adjustment: -$3,891.
Adjusted -$76,710 for 353 sqft less living space. Net adjustment: -$76,710.
Adjusted +$64,758 for 298 sqft more living space and -$51,952 for being older. Net adjustment: +$12,806.
Adjusted -$81,708 for 376 sqft less living space and -$51,952 for being older. Net adjustment: -$133,660.
The Neighborhood
This home is valued 7.9% below the L250501E - LAKELINE RANCH median of $433,223. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 0.2% over the past year.
L250501E - LAKELINE RANCH
typicalThis home is -7.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,131 across all districts. With a homestead exemption claimed, that drops to $6,515 — saving $1,616 per year. That's $543 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% | $4,336 |
| Leander | City | 0.4173% | $1,665 |
| Williamson County | County | 0.3694% | $1,474 |
| Austin Community College | special | 0.1034% | $412 |
| Williamson County FM/Rd | County | 0.0443% | $177 |
| Upper Brushy Creek WCID | Water | 0.0170% | $68 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,131 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $410,564 would pay approximately $2,563 per month (principal and interest only, excluding taxes and insurance).