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506 LAS COLINAS DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed2 bath2,085 sqftBuilt 2006

Property at a Glance

This home is estimated between $315,346 and $416,335, with a best estimate of $334,130. 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

$315,346 $416,335
Best Estimate
$334,130
WCAD Value
$349,973
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in L206414D - Villas at Vista Ridge, this home's estimated market value is between $315,346 and $416,335. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

503 LAS COLINAS DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,229 sqft Built 2007
Raw Value $362,998
Adjusted Value $334,130

Adjusted -$28,145 for 144 sqft less living space and -$723 for being older. Net adjustment: -$28,868.

508 LAS COLINAS DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,592 sqft Built 2007
Raw Value $415,164
Adjusted Value $315,346

Adjusted -$99,095 for 507 sqft less living space and -$723 for being older. Net adjustment: -$99,818.

601 LAS COLINAS DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,293 sqft Built 2006
Raw Value $370,103
Adjusted Value $329,449

Adjusted -$40,654 for 208 sqft less living space. Net adjustment: -$40,654.

501 LAS COLINAS DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,544 sqft Built 2011
Raw Value $314,210
Adjusted Value $416,335

Adjusted +$105,740 for 541 sqft more living space and -$3,615 for being older. Net adjustment: +$102,125.

507 LAS COLINAS DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 2 bath 2,060 sqft Built 2006
Raw Value $350,741
Adjusted Value $355,627

Adjusted +$4,886 for 25 sqft more living space. Net adjustment: +$4,886.

The Neighborhood

This home is valued 8.2% 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

typical
547 Properties
$381,355 Median Value
-5.2% YoY Change
0% Have Pool
100% Have Garage
This Home
$349,973
Median
$381,355

This home is -8.2% below the subdivision median.

Tax Analysis

The estimated annual property tax is $7,134 across all districts. With a homestead exemption claimed, that drops to $5,527 — saving $1,607 per year. That's $461 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$3,804
LeanderCity0.4173%$1,460
Williamson CountyCounty0.3694%$1,293
Austin Community Collegespecial0.1034%$362
Williamson County FM/RdCounty0.0443%$155
Upper Brushy Creek WCIDWater0.0170%$59
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$7,134

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $334,130 would pay approximately $2,086 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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