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721 CLEAR SPRING LN, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed3 bath2,449 sqftBuilt 2020

Property at a Glance

This home is estimated between $459,941 and $540,364, with a best estimate of $492,209. That places the property below the L129414C - HAWKS LANDING R5 median of $560,051, in a neighborhood that appreciated 37.9% over the past year.

Estimated Value Range

$459,941 $540,364
Best Estimate
$492,209
WCAD Value
$691,216
High Confidence

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

Based on 5 comparable properties in L129414C - HAWKS LANDING R5, this home's estimated market value is between $459,941 and $540,364. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

725 CLEAR SPRING LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
4 bed 3 bath 2,803 sqft Built 2020
Raw Value $569,859
Adjusted Value $486,502

Adjusted -$83,357 for 354 sqft less living space. Net adjustment: -$83,357.

717 CLEAR SPRING LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 2,410 sqft Built 2020
Raw Value $531,181
Adjusted Value $540,364

Adjusted +$9,183 for 39 sqft more living space. Net adjustment: +$9,183.

729 CLEAR SPRING LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 3 bath 2,892 sqft Built 2020
Raw Value $564,255
Adjusted Value $459,941

Adjusted -$104,314 for 443 sqft less living space. Net adjustment: -$104,314.

713 CLEAR SPRING LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 3 bath 2,752 sqft Built 2020
Raw Value $563,557
Adjusted Value $492,209

Adjusted -$71,348 for 303 sqft less living space. Net adjustment: -$71,348.

720 MILLCREEK LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 3 bath 2,411 sqft Built 2020
Raw Value $531,107
Adjusted Value $540,055

Adjusted +$8,948 for 38 sqft more living space. Net adjustment: +$8,948.

The Neighborhood

This home is valued 23.4% above the L129414C - HAWKS LANDING R5 median of $560,051. With 402 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 37.9% over the past year.

L129414C - HAWKS LANDING R5

above average
402 Properties
$560,051 Median Value
+37.9% YoY Change
0% Have Pool
100% Have Garage
This Home
$691,216
Median
$560,051

This home is +23.4% above the subdivision median.

Tax Analysis

The estimated annual property tax is $14,089 across all districts. With a homestead exemption claimed, that drops to $12,411 — saving $1,678 per year. That's $1,034 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%$7,513
LeanderCity0.4173%$2,884
Williamson CountyCounty0.3694%$2,554
Austin Community Collegespecial0.1034%$715
Williamson County FM/RdCounty0.0443%$306
Upper Brushy Creek WCIDWater0.0170%$118
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$14,089

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $492,209 would pay approximately $3,072 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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