2116 MAGNOLIA HILL DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $421,679 and $622,836, with a best estimate of $469,357. That places the property below the L112421C - Rosenbusch Ranch median of $487,914, in a neighborhood that appreciated 65.7% over the past year.
Estimated Value Range
$469,357
$432,830
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L112421C - Rosenbusch Ranch, this home's estimated market value is between $421,679 and $622,836. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$25,247 for 116 sqft less living space and +$2,565 for being newer. Net adjustment: -$22,682.
Adjusted -$65,729 for 302 sqft less living space. Net adjustment: -$65,729.
Adjusted +$52,670 for 242 sqft more living space. Net adjustment: +$52,670.
Adjusted +$78,787 for 362 sqft more living space. Net adjustment: +$78,787.
Adjusted +$48,317 for 222 sqft more living space. Net adjustment: +$48,317.
The Neighborhood
This home is valued 11.3% below the L112421C - Rosenbusch Ranch median of $487,914. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 65.7% over the past year.
L112421C - Rosenbusch Ranch
typicalThis home is -11.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,823 across all districts. With a homestead exemption claimed, that drops to $7,200 — saving $1,623 per year. That's $600 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% | $4,704 |
| Leander | City | 0.4173% | $1,806 |
| Williamson County | County | 0.3694% | $1,599 |
| Austin Community College | special | 0.1034% | $448 |
| Williamson County FM/Rd | County | 0.0443% | $192 |
| Upper Brushy Creek WCID | Water | 0.0170% | $74 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,823 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $469,357 would pay approximately $2,930 per month (principal and interest only, excluding taxes and insurance).