2404 BRANDING IRON LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $282,416 and $332,665, with a best estimate of $294,066. That places the property below the L250501E - LAKELINE RANCH median of $433,223, in a neighborhood that appreciated 0.2% over the past year.
Estimated Value Range
$294,066
$460,726
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 $282,416 and $332,665. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$121,693 for 560 sqft less living space and +$5,195 for being newer. Net adjustment: -$116,498.
Adjusted -$198,403 for 913 sqft less living space and +$5,195 for being newer. Net adjustment: -$193,208.
Adjusted -$120,389 for 554 sqft less living space. Net adjustment: -$120,389.
Adjusted -$3,912 for 18 sqft less living space and -$88,319 for being older. Net adjustment: -$92,231.
Adjusted -$5,215 for 24 sqft less living space and -$88,319 for being older. Net adjustment: -$93,534.
The Neighborhood
This home is valued 6.3% above the L250501E - LAKELINE RANCH median of $433,223. With 546 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 0.2% over the past year.
L250501E - LAKELINE RANCH
typicalThis home is +6.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,391 across all districts. With a homestead exemption claimed, that drops to $7,764 — saving $1,627 per year. That's $647 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% | $5,008 |
| Leander | City | 0.4173% | $1,923 |
| Williamson County | County | 0.3694% | $1,702 |
| Austin Community College | special | 0.1034% | $476 |
| Williamson County FM/Rd | County | 0.0443% | $204 |
| Upper Brushy Creek WCID | Water | 0.0170% | $78 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $9,391 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $294,066 would pay approximately $1,836 per month (principal and interest only, excluding taxes and insurance).