507 LAFAYETTE SQUARE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $305,099 and $463,064, with a best estimate of $334,796. That places the property below the L484400G - Horizon Park Sec 1 Thru 7 median of $341,538, in a neighborhood that declined 3.8% over the past year.
Estimated Value Range
$334,796
$329,763
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L484400G - Horizon Park Sec 1 Thru 7, this home's estimated market value is between $305,099 and $463,064. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$39,721 for 191 sqft more living space. Net adjustment: +$39,721.
Adjusted -$24,956 for 120 sqft less living space and -$4,395 for being older. Net adjustment: -$29,351.
Adjusted +$8,111 for 39 sqft more living space and -$4,395 for being older. Net adjustment: +$3,716.
Adjusted +$40,553 for 195 sqft more living space. Net adjustment: +$40,553.
Adjusted +$4,783 for 23 sqft more living space and -$4,395 for being older. Net adjustment: +$388.
The Neighborhood
This home is valued 3.4% below the L484400G - Horizon Park Sec 1 Thru 7 median of $341,538. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.8% over the past year.
L484400G - Horizon Park Sec 1 Thru 7
typicalThis home is -3.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,722 across all districts. With a homestead exemption claimed, that drops to $5,118 — saving $1,604 per year. That's $427 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% | $3,584 |
| Leander | City | 0.4173% | $1,376 |
| Williamson County | County | 0.3694% | $1,218 |
| Austin Community College | special | 0.1034% | $341 |
| Williamson County FM/Rd | County | 0.0443% | $146 |
| Upper Brushy Creek WCID | Water | 0.0170% | $56 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,722 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $334,796 would pay approximately $2,090 per month (principal and interest only, excluding taxes and insurance).