224 INLET LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $-235,884 and $141,715, with a best estimate of $-61,871. That places the property below the L223421C - Horizon Lake median of $450,407, in a neighborhood that appreciated 46.4% over the past year.
Estimated Value Range
$-61,871
$383,597
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L223421C - Horizon Lake. The estimated range of $-235,884 and $141,715 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$17,406 for 52 sqft more living space and -$569,417 for being older. Net adjustment: -$552,011.
Adjusted -$390,955 for 1,168 sqft less living space and -$44,954 for being older. Net adjustment: -$435,909.
Adjusted -$400,327 for 1,196 sqft less living space and -$59,939 for being older. Net adjustment: -$460,266.
Adjusted -$402,336 for 1,202 sqft less living space and -$89,908 for being older. Net adjustment: -$492,244.
Adjusted -$124,182 for 371 sqft less living space and -$149,847 for being older. Net adjustment: -$274,029.
The Neighborhood
This home is valued 14.8% below the L223421C - Horizon Lake median of $450,407. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 46.4% over the past year.
L223421C - Horizon Lake
typicalThis home is -14.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,819 across all districts. With a homestead exemption claimed, that drops to $6,206 — saving $1,613 per year. That's $517 per month a buyer should budget. The assessed value increased +38.4% vs the subdivision average of +46.4%. 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% | $4,169 |
| Leander | City | 0.4173% | $1,601 |
| Williamson County | County | 0.3694% | $1,417 |
| Austin Community College | special | 0.1034% | $397 |
| Williamson County FM/Rd | County | 0.0443% | $170 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,819 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $-61,871 would pay approximately $-386 per month (principal and interest only, excluding taxes and insurance).