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503 WASHINGTON SQUARE DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath1,946 sqftBuilt 2005

Property at a Glance

This home is estimated between $317,569 and $536,681, with a best estimate of $378,535. That places the property above 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

$317,569 $536,681
Best Estimate
$378,535
WCAD Value
$342,543
High Confidence

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 $317,569 and $536,681. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

202 WASHINGTON SQUARE DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,204 sqft Built 2005
Raw Value $382,371
Adjusted Value $536,681

Adjusted +$154,310 for 742 sqft more living space. Net adjustment: +$154,310.

609 WASHINGTON SQUARE DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,197 sqft Built 2005
Raw Value $369,768
Adjusted Value $317,569

Adjusted -$52,199 for 251 sqft less living space. Net adjustment: -$52,199.

601 WASHINGTON SQUARE DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,738 sqft Built 2005
Raw Value $331,602
Adjusted Value $374,859

Adjusted +$43,257 for 208 sqft more living space. Net adjustment: +$43,257.

507 WASHINGTON SQUARE DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,612 sqft Built 2005
Raw Value $323,402
Adjusted Value $392,862

Adjusted +$69,460 for 334 sqft more living space. Net adjustment: +$69,460.

605 WASHINGTON SQUARE DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,709 sqft Built 2005
Raw Value $329,247
Adjusted Value $378,535

Adjusted +$49,288 for 237 sqft more living space. Net adjustment: +$49,288.

The Neighborhood

This home is in line with the L484400G - Horizon Park Sec 1 Thru 7 median of $341,538. Note that values in this subdivision declined 3.8% over the past year.

L484400G - Horizon Park Sec 1 Thru 7

typical
777 Properties
$341,538 Median Value
-3.8% YoY Change
0% Have Pool
100% Have Garage
This Home
$342,543
Median
$341,538

This home is +0.3% above the subdivision median.

Tax Analysis

The estimated annual property tax is $6,982 across all districts. With a homestead exemption claimed, that drops to $5,376 — saving $1,606 per year. That's $448 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%$3,723
LeanderCity0.4173%$1,429
Williamson CountyCounty0.3694%$1,266
Austin Community Collegespecial0.1034%$354
Williamson County FM/RdCounty0.0443%$152
Upper Brushy Creek WCIDWater0.0170%$58
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$6,982

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $378,535 would pay approximately $2,363 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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