1625 MARTIN WELLS ST, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $427,392 and $624,404, with a best estimate of $617,609. That places the property above the L123618C - BRYSON R5 median of $574,858, in a neighborhood that declined 7.1% over the past year.
Estimated Value Range
$617,609
$434,581
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L123618C - BRYSON R5, this home's estimated market value is between $427,392 and $624,404. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$2,781 for 12 sqft more living space. Net adjustment: +$2,781.
Adjusted -$7,881 for 34 sqft less living space. Net adjustment: -$7,881.
Adjusted -$7,881 for 34 sqft less living space and +$4,157 for being newer. Net adjustment: -$3,724.
Adjusted +$2,781 for 12 sqft more living space. Net adjustment: +$2,781.
Adjusted -$27,815 for 120 sqft less living space and +$4,157 for being newer. Net adjustment: -$23,658.
The Neighborhood
This home is valued 24.4% below the L123618C - BRYSON R5 median of $574,858. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.1% over the past year.
L123618C - BRYSON R5
below averageThis home is -24.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,305 across all districts. With a homestead exemption claimed, that drops to $8,683 — saving $1,622 per year. That's $724 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% | $4,723 |
| Leander | City | 0.4173% | $1,813 |
| Williamson County | County | 0.3694% | $1,606 |
| Leander TODD MUD #1 | MUD | 0.3500% | $1,521 |
| Austin Community College | special | 0.1034% | $449 |
| Williamson County FM/Rd | County | 0.0443% | $193 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.3714% | $10,305 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $617,609 would pay approximately $3,855 per month (principal and interest only, excluding taxes and insurance).