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507 SPARKLING BROOK LN, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath1,740 sqftBuilt 1999

Property at a Glance

This home is estimated between $329,438 and $408,068, with a best estimate of $387,178. That places the property above the L101494H - North Creek Sec 1 & 2 median of $310,157, in a neighborhood that declined 3.9% over the past year.

Estimated Value Range

$329,438 $408,068
Best Estimate
$387,178
WCAD Value
$328,886
High Confidence

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

Based on 5 comparable properties in L101494H - North Creek Sec 1 & 2, this home's estimated market value is between $329,438 and $408,068. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

509 SPARKLING BROOK LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,086 sqft Built 1999
Raw Value $265,284
Adjusted Value $408,068

Adjusted +$142,784 for 654 sqft more living space. Net adjustment: +$142,784.

511 SPARKLING BROOK LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,200 sqft Built 1999
Raw Value $279,276
Adjusted Value $397,171

Adjusted +$117,895 for 540 sqft more living space. Net adjustment: +$117,895.

506 RIVERWAY LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,571 sqft Built 2000
Raw Value $319,169
Adjusted Value $355,185

Adjusted +$36,897 for 169 sqft more living space and -$881 for being older. Net adjustment: +$36,016.

513 SPARKLING BROOK LN, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,702 sqft Built 1999
Raw Value $321,142
Adjusted Value $329,438

Adjusted +$8,296 for 38 sqft more living space. Net adjustment: +$8,296.

510 RIVERWAY LN, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,271 sqft Built 1999
Raw Value $284,784
Adjusted Value $387,178

Adjusted +$102,394 for 469 sqft more living space. Net adjustment: +$102,394.

The Neighborhood

This home is valued 6.0% above the L101494H - North Creek Sec 1 & 2 median of $310,157. With 986 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.9% over the past year.

L101494H - North Creek Sec 1 & 2

typical
986 Properties
$310,157 Median Value
-3.9% YoY Change
1% Have Pool
97% Have Garage
This Home
$328,886
Median
$310,157

This home is +6.0% above the subdivision median.

Tax Analysis

The estimated annual property tax is $6,704 across all districts. With a homestead exemption claimed, that drops to $5,101 — 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%$3,575
LeanderCity0.4173%$1,372
Williamson CountyCounty0.3694%$1,215
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%$6,704

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $387,178 would pay approximately $2,417 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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