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500 CLEAR SPRING LN, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed2 bath976 sqftBuilt 1995

Property at a Glance

This home is estimated between $197,628 and $309,626, with a best estimate of $224,422. That places the property below the L101494H - North Creek Sec 1 & 2 median of $310,157, in a neighborhood that declined 3.9% over the past year.

Estimated Value Range

$197,628 $309,626
Best Estimate
$224,422
WCAD Value
$305,078
High Confidence

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

Based on 5 comparable properties in L101494H - North Creek Sec 1 & 2, this home's estimated market value is between $197,628 and $309,626. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

502 CLEAR SPRING LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,196 sqft Built 1995
Raw Value $272,453
Adjusted Value $224,422

Adjusted -$48,031 for 220 sqft less living space. Net adjustment: -$48,031.

504 CLEAR SPRING LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,254 sqft Built 1995
Raw Value $274,896
Adjusted Value $214,202

Adjusted -$60,694 for 278 sqft less living space. Net adjustment: -$60,694.

501 MAPLECREEK DR, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 916 sqft Built 1996
Raw Value $297,408
Adjusted Value $309,626

Adjusted +$13,099 for 60 sqft more living space and -$881 for being older. Net adjustment: +$12,218.

1814 SOUTHCREEK DR, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,298 sqft Built 1996
Raw Value $299,236
Adjusted Value $228,055

Adjusted -$70,300 for 322 sqft less living space and -$881 for being older. Net adjustment: -$71,181.

1816 SOUTHCREEK DR, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,330 sqft Built 1996
Raw Value $275,796
Adjusted Value $197,628

Adjusted -$77,287 for 354 sqft less living space and -$881 for being older. Net adjustment: -$78,168.

The Neighborhood

This home is valued 1.6% below the L101494H - North Creek Sec 1 & 2 median of $310,157. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.

L101494H - North Creek Sec 1 & 2

typical
986 Properties
$310,157 Median Value
-3.9% YoY Change
1% Have Pool
97% Have Garage
This Home
$305,078
Median
$310,157

This home is -1.6% below the subdivision median.

Tax Analysis

The estimated annual property tax is $6,219 across all districts. With a homestead exemption claimed, that drops to $4,620 — saving $1,599 per year. That's $385 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%$3,316
LeanderCity0.4173%$1,273
Williamson CountyCounty0.3694%$1,127
Austin Community Collegespecial0.1034%$315
Williamson County FM/RdCounty0.0443%$135
Upper Brushy Creek WCIDWater0.0170%$52
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$6,219

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $224,422 would pay approximately $1,401 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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