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1007 TERRACE DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath1,321 sqftBuilt 2004

Property at a Glance

This home is estimated between $217,865 and $359,984, with a best estimate of $297,789. 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

$217,865 $359,984
Best Estimate
$297,789
WCAD Value
$279,312
Low Confidence

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 $217,865 and $359,984 should be treated as a rough guide.

Comparable Properties (5)

1006 W SOUTH ST, LEANDER, TX 78641
0.05 mi 100% similar Same subdivision
3 bed 2 bath 1,743 sqft Built 2004
Raw Value $302,771
Adjusted Value $217,865

Adjusted -$84,906 for 422 sqft less living space. Net adjustment: -$84,906.

3 bed 2 bath 1,222 sqft Built 1998
Raw Value $257,096
Adjusted Value $283,516

Adjusted +$19,919 for 99 sqft more living space and +$6,501 for being newer. Net adjustment: +$26,420.

3 bed 2 bath 1,194 sqft Built 1999
Raw Value $319,721
Adjusted Value $350,691

Adjusted +$25,552 for 127 sqft more living space and +$5,418 for being newer. Net adjustment: +$30,970.

3 bed 2 bath 1,185 sqft Built 1998
Raw Value $326,120
Adjusted Value $359,984

Adjusted +$27,363 for 136 sqft more living space and +$6,501 for being newer. Net adjustment: +$33,864.

3 bed 2 bath 1,181 sqft Built 1998
Raw Value $263,120
Adjusted Value $297,789

Adjusted +$28,168 for 140 sqft more living space and +$6,501 for being newer. Net adjustment: +$34,669.

The Neighborhood

This home is valued 11.1% 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

typical
643 Properties
$314,201 Median Value
-4.2% YoY Change
1% Have Pool
100% Have Garage
This Home
$279,312
Median
$314,201

This home is -11.1% below the subdivision median.

Tax Analysis

The estimated annual property tax is $5,693 across all districts. With a homestead exemption claimed, that drops to $4,099 — saving $1,594 per year. That's $342 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%$3,036
LeanderCity0.4173%$1,166
Williamson CountyCounty0.3694%$1,032
Austin Community Collegespecial0.1034%$289
Williamson County FM/RdCounty0.0443%$124
Upper Brushy Creek WCIDWater0.0170%$47
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$5,693

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $297,789 would pay approximately $1,859 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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