2602 BAGDAD RD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $187,489 and $395,826, with a best estimate of $311,874. That places the property below the L217X - Leander - Duplex median of $476,908, in a neighborhood that appreciated 2.7% over the past year.
Estimated Value Range
$311,874
$374,970
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 $187,489 and $395,826. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$18,414 for 88 sqft more living space and -$93,544 for no garage. Net adjustment: -$75,130.
This comparable closely matches the subject property's features.
Adjusted +$18,414 for 88 sqft more living space. Net adjustment: +$18,414.
Adjusted +$48,964 for 234 sqft more living space and -$101,662 for being older and -$93,544 for no garage. Net adjustment: -$146,242.
Adjusted +$70,517 for 337 sqft more living space and -$91,824 for being older and -$93,544 for no garage. Net adjustment: -$114,851.
The Neighborhood
This home is valued 21.4% below the L217X - Leander - Duplex median of $476,908. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 2.7% over the past year.
L217X - Leander - Duplex
below averageThis home is -21.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,643 across all districts. With a homestead exemption claimed, that drops to $6,031 — saving $1,612 per year. That's $503 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% | $4,076 |
| Leander | City | 0.4173% | $1,565 |
| Williamson County | County | 0.3694% | $1,385 |
| Austin Community College | special | 0.1034% | $388 |
| Williamson County FM/Rd | County | 0.0443% | $166 |
| Upper Brushy Creek WCID | Water | 0.0170% | $64 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,643 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $311,874 would pay approximately $1,947 per month (principal and interest only, excluding taxes and insurance).