1506 PARKWOOD DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $222,365 and $348,636, with a best estimate of $230,961. That places the property below the L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek median of $307,845, in a neighborhood that declined 8.7% over the past year.
Estimated Value Range
$230,961
$245,040
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek. The estimated range of $222,365 and $348,636 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$16,522 for 75 sqft more living space and -$14,348 for being older. Net adjustment: +$2,174.
Adjusted -$44,058 for 200 sqft less living space and -$10,249 for being older. Net adjustment: -$54,307.
Adjusted -$35,247 for 160 sqft less living space and -$16,398 for being older. Net adjustment: -$51,645.
Adjusted +$28,418 for 129 sqft more living space and -$4,099 for being older. Net adjustment: +$24,319.
Adjusted -$77,763 for 353 sqft less living space and +$2,050 for being newer. Net adjustment: -$75,713.
The Neighborhood
This home is valued 20.4% below the L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek median of $307,845. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.7% over the past year.
L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek
below averageThis home is -20.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,995 across all districts. With a homestead exemption claimed, that drops to $3,407 — saving $1,588 per year. That's $284 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% | $2,663 |
| Leander | City | 0.4173% | $1,023 |
| Williamson County | County | 0.3694% | $905 |
| Austin Community College | special | 0.1034% | $253 |
| Williamson County FM/Rd | County | 0.0443% | $109 |
| Upper Brushy Creek WCID | Water | 0.0170% | $42 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $4,995 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $230,961 would pay approximately $1,442 per month (principal and interest only, excluding taxes and insurance).