407 LAS COLINAS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $283,069 and $443,743, with a best estimate of $345,412. That places the property below the L206414D - Villas at Vista Ridge median of $381,355, in a neighborhood that declined 5.2% over the past year.
Estimated Value Range
$345,412
$321,272
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $283,069 and $443,743. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$67,431 for 345 sqft less living space and -$723 for being older. Net adjustment: -$68,154.
Adjusted +$34,204 for 175 sqft more living space and +$2,169 for being newer. Net adjustment: +$36,373.
Adjusted -$12,704 for 65 sqft less living space and +$723 for being newer. Net adjustment: -$11,981.
Adjusted +$58,049 for 297 sqft more living space. Net adjustment: +$58,049.
Adjusted +$80,917 for 414 sqft more living space and -$3,615 for being older. Net adjustment: +$77,302.
The Neighborhood
This home is valued 15.8% below the L206414D - Villas at Vista Ridge median of $381,355. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.2% over the past year.
L206414D - Villas at Vista Ridge
below averageThis home is -15.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,549 across all districts. With a homestead exemption claimed, that drops to $4,947 — saving $1,602 per year. That's $412 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% | $3,492 |
| Leander | City | 0.4173% | $1,341 |
| Williamson County | County | 0.3694% | $1,187 |
| Austin Community College | special | 0.1034% | $332 |
| Williamson County FM/Rd | County | 0.0443% | $142 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,549 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $345,412 would pay approximately $2,156 per month (principal and interest only, excluding taxes and insurance).