863 N BAGDAD RD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $155,405 and $679,645, with a best estimate of $507,054. That places the property below the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063, in a neighborhood that declined 25.0% over the past year.
Estimated Value Range
$507,054
$175,249
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 $155,405 and $679,645. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$123,432 for 378 sqft less living space and -$65,258 for being older. Net adjustment: -$188,690.
Adjusted -$213,558 for 654 sqft less living space and +$108,764 for being newer. Net adjustment: -$104,794.
Adjusted +$33,307 for 102 sqft more living space and +$244,718 for being newer. Net adjustment: +$278,025.
Adjusted -$25,144 for 77 sqft less living space and -$108,764 for being older. Net adjustment: -$133,908.
Adjusted +$31,021 for 95 sqft more living space and -$54,382 for being older. Net adjustment: -$23,361.
The Neighborhood
This home is valued 76.8% below the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 25.0% over the past year.
L010D82C - Leander Williamson Abstracts le 20 Acres
outlier lowThis home is -76.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,572 across all districts. With a homestead exemption claimed, that drops to $1,997 — saving $1,575 per year. That's $166 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% | $1,905 |
| Leander | City | 0.4173% | $731 |
| Williamson County | County | 0.3694% | $647 |
| Austin Community College | special | 0.1034% | $181 |
| Williamson County FM/Rd | County | 0.0443% | $78 |
| Upper Brushy Creek WCID | Water | 0.0170% | $30 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $3,572 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $507,054 would pay approximately $3,165 per month (principal and interest only, excluding taxes and insurance).