616 TOPAZ LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $260,489 and $477,255, with a best estimate of $300,096. That places the property below the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607, in a neighborhood that declined 7.4% over the past year.
Estimated Value Range
$300,096
$383,164
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L237416D - MAGNOLIA CREEK SEC 2. The estimated range of $260,489 and $477,255 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$50,712 for 240 sqft less living space and +$9,675 for being newer. Net adjustment: -$41,037.
Adjusted +$11,833 for 56 sqft more living space and -$43,536 for being older. Net adjustment: -$31,703.
Adjusted +$66,348 for 314 sqft more living space and -$4,837 for being older. Net adjustment: +$61,511.
Adjusted -$109,242 for 517 sqft less living space and +$4,837 for being newer. Net adjustment: -$104,405.
Adjusted -$107,974 for 511 sqft less living space and +$9,675 for being newer. Net adjustment: -$98,299.
The Neighborhood
This home is in line with the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607. Note that values in this subdivision declined 7.4% over the past year.
L237416D - MAGNOLIA CREEK SEC 2
typicalThis home is -0.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,810 across all districts. With a homestead exemption claimed, that drops to $6,197 — saving $1,613 per year. That's $516 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% | $4,165 |
| Leander | City | 0.4173% | $1,599 |
| Williamson County | County | 0.3694% | $1,416 |
| Austin Community College | special | 0.1034% | $396 |
| Williamson County FM/Rd | County | 0.0443% | $170 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,810 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $300,096 would pay approximately $1,873 per month (principal and interest only, excluding taxes and insurance).