2848 REDWOOD GRV, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $431,486 and $1,112,029, with a best estimate of $933,619. That places the property above the L116425B - LEANDER ESTATES median of $872,889, in a neighborhood that appreciated 312.1% over the past year.
Estimated Value Range
$933,619
$577,499
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 $431,486 and $1,112,029. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$59,867 for 232 sqft less living space. Net adjustment: -$59,867.
Adjusted +$40,771 for 158 sqft more living space. Net adjustment: +$40,771.
Adjusted -$9,806 for 38 sqft less living space. Net adjustment: -$9,806.
Adjusted -$40,513 for 157 sqft less living space. Net adjustment: -$40,513.
Adjusted +$45,416 for 176 sqft more living space. Net adjustment: +$45,416.
The Neighborhood
This home is valued 33.8% below the L116425B - LEANDER ESTATES median of $872,889. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 312.1% over the past year.
L116425B - LEANDER ESTATES
below averageThis home is -33.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,771 across all districts. With a homestead exemption claimed, that drops to $10,119 — saving $1,652 per year. That's $843 per month a buyer should budget. The assessed value increased +207.2% vs the subdivision average of +312.1%. This increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $6,277 |
| Leander | City | 0.4173% | $2,410 |
| Williamson County | County | 0.3694% | $2,134 |
| Austin Community College | special | 0.1034% | $597 |
| Williamson County FM/Rd | County | 0.0443% | $256 |
| Upper Brushy Creek WCID | Water | 0.0170% | $98 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $11,771 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $933,619 would pay approximately $5,828 per month (principal and interest only, excluding taxes and insurance).