2511 ARMSTRONG DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $243,928 and $355,178, with a best estimate of $275,017. That places the property below the L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal median of $335,878, in a neighborhood that declined 3.4% over the past year.
Estimated Value Range
$275,017
$261,061
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal, this home's estimated market value is between $243,928 and $355,178. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$43,402 for 192 sqft less living space and -$20,459 for being older. Net adjustment: -$63,861.
Adjusted +$44,758 for 198 sqft more living space and -$21,738 for being older. Net adjustment: +$23,020.
Adjusted -$8,364 for 37 sqft less living space and -$23,017 for being older. Net adjustment: -$31,381.
Adjusted -$24,866 for 110 sqft less living space and -$15,344 for being older. Net adjustment: -$40,210.
Adjusted -$29,161 for 129 sqft less living space. Net adjustment: -$29,161.
The Neighborhood
This home is valued 22.3% below the L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal median of $335,878. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.4% over the past year.
L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal
below averageThis home is -22.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,655 across all districts. With a homestead exemption claimed, that drops to $4,085 — saving $1,570 per year. That's $340 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% | $2,837 |
| Block House MUD | MUD | 0.5450% | $1,423 |
| Williamson County | County | 0.3694% | $964 |
| Austin Community College | special | 0.1034% | $270 |
| Williamson County FM/Rd | County | 0.0443% | $116 |
| Upper Brushy Creek WCID | Water | 0.0170% | $44 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1661% | $5,655 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $275,017 would pay approximately $1,717 per month (principal and interest only, excluding taxes and insurance).