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221 MANASSAS DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed2 bath1,725 sqftBuilt 2022

Property at a Glance

This home is estimated between $292,276 and $503,545, with a best estimate of $485,149. That places the property above the L109517C - LARKSPUR R4 median of $391,558, in a neighborhood that declined 1.7% over the past year.

Estimated Value Range

$292,276 $503,545
Best Estimate
$485,149
WCAD Value
$493,374
High Confidence

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

Based on 5 comparable properties in L109517C - LARKSPUR R4, this home's estimated market value is between $292,276 and $503,545. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

225 MANASSAS DR, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
5 bed 3 bath 1,595 sqft Built 2022
Raw Value $448,998
Adjusted Value $484,889

Adjusted +$35,891 for 130 sqft more living space. Net adjustment: +$35,891.

217 MANASSAS DR, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
4 bed 3 bath 2,140 sqft Built 2022
Raw Value $406,852
Adjusted Value $292,276

Adjusted -$114,576 for 415 sqft less living space. Net adjustment: -$114,576.

213 MANASSAS DR, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
5 bed 3 bath 1,595 sqft Built 2022
Raw Value $449,258
Adjusted Value $485,149

Adjusted +$35,891 for 130 sqft more living space. Net adjustment: +$35,891.

237 MANASSAS DR, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
5 bed 4 bath 1,730 sqft Built 2022
Raw Value $504,925
Adjusted Value $503,545

Adjusted -$1,380 for 5 sqft less living space. Net adjustment: -$1,380.

220 MANASSAS DR, LEANDER, TX 78641
0.04 mi 100% similar Same subdivision
5 bed 3 bath 1,595 sqft Built 2022
Raw Value $449,258
Adjusted Value $485,149

Adjusted +$35,891 for 130 sqft more living space. Net adjustment: +$35,891.

The Neighborhood

This home is valued 26.0% above the L109517C - LARKSPUR R4 median of $391,558. With 1,660 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.7% over the past year.

L109517C - LARKSPUR R4

above average
1,660 Properties
$391,558 Median Value
-1.7% YoY Change
0% Have Pool
100% Have Garage
This Home
$493,374
Median
$391,558

This home is +26.0% above the subdivision median.

Tax Analysis

The estimated annual property tax is $12,475 across all districts. With a homestead exemption claimed, that drops to $10,863 — saving $1,612 per year. That's $905 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%$5,362
Williamson County MUD #31MUD0.8500%$4,194
Williamson CountyCounty0.3694%$1,823
Austin Community Collegespecial0.1034%$510
Williamson County ESD #4 - Liberty HillESD0.0745%$368
Williamson County FM/RdCounty0.0443%$219
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.5286%$12,475

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $485,149 would pay approximately $3,028 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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