1012 TERRACE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $251,418 and $296,070, with a best estimate of $292,854. That places the property below the L210401G - Westview Meadows median of $314,201, in a neighborhood that declined 4.2% over the past year.
Estimated Value Range
$292,854
$265,257
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L210401G - Westview Meadows. The estimated range of $251,418 and $296,070 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$17,102 for 85 sqft less living space and +$2,167 for being newer. Net adjustment: -$14,935.
Adjusted +$14,084 for 70 sqft more living space. Net adjustment: +$14,084.
Adjusted -$56,738 for 282 sqft less living space and -$1,084 for being older. Net adjustment: -$57,822.
Adjusted -$35,210 for 175 sqft less living space. Net adjustment: -$35,210.
Adjusted +$6,036 for 30 sqft more living space and +$3,251 for being newer. Net adjustment: +$9,287.
The Neighborhood
This home is valued 15.6% below the L210401G - Westview Meadows median of $314,201. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.2% over the past year.
L210401G - Westview Meadows
below averageThis home is -15.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,407 across all districts. With a homestead exemption claimed, that drops to $3,815 — saving $1,592 per year. That's $318 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% | $2,883 |
| Leander | City | 0.4173% | $1,107 |
| Williamson County | County | 0.3694% | $980 |
| Austin Community College | special | 0.1034% | $274 |
| Williamson County FM/Rd | County | 0.0443% | $118 |
| Upper Brushy Creek WCID | Water | 0.0170% | $45 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,407 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $292,854 would pay approximately $1,828 per month (principal and interest only, excluding taxes and insurance).