2721 HONEYWOOD DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $896,552 and $969,190, with a best estimate of $940,605. That places the property above the L117415B - GREATWOOD median of $882,712, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$940,605
$851,134
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L117415B - GREATWOOD, this home's estimated market value is between $896,552 and $969,190. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$207,222 for 754 sqft more living space and -$1,459 for being older. Net adjustment: +$205,763.
Adjusted +$18,963 for 69 sqft more living space and -$2,918 for being older. Net adjustment: +$16,045.
Adjusted +$19,788 for 72 sqft more living space and -$4,378 for being older. Net adjustment: +$15,410.
Adjusted -$58,264 for 212 sqft less living space and -$1,459 for being older. Net adjustment: -$59,723.
Adjusted +$68,982 for 251 sqft more living space. Net adjustment: +$68,982.
The Neighborhood
This home is valued 3.6% below the L117415B - GREATWOOD median of $882,712. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.7% over the past year.
L117415B - GREATWOOD
typicalThis home is -3.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $17,349 across all districts. With a homestead exemption claimed, that drops to $15,635 — saving $1,714 per year. That's $1,303 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% | $9,251 |
| Leander | City | 0.4173% | $3,552 |
| Williamson County | County | 0.3694% | $3,144 |
| Austin Community College | special | 0.1034% | $880 |
| Williamson County FM/Rd | County | 0.0443% | $377 |
| Upper Brushy Creek WCID | Water | 0.0170% | $145 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $17,349 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $940,605 would pay approximately $5,871 per month (principal and interest only, excluding taxes and insurance).