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1905 PHANTOM HORSE, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed3 bath1,370 sqftBuilt 2005

Property at a Glance

This home is estimated between $249,343 and $418,540, with a best estimate of $381,764. That places the property below the L247502E - Boulders At Crystal Falls - Lennar median of $444,438, in a neighborhood that declined 9.8% over the past year.

Estimated Value Range

$249,343 $418,540
Best Estimate
$381,764
WCAD Value
$495,733
High Confidence

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

Based on 5 comparable properties in L247502E - Boulders At Crystal Falls - Lennar, this home's estimated market value is between $249,343 and $418,540. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

1901 PHANTOM HORSE, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 3 bath 2,035 sqft Built 2005
Raw Value $526,990
Adjusted Value $381,764

Adjusted -$145,226 for 665 sqft less living space. Net adjustment: -$145,226.

1902 PHANTOM HORSE, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 2 bath 1,708 sqft Built 2004
Raw Value $489,631
Adjusted Value $418,540

Adjusted -$73,814 for 338 sqft less living space and +$2,723 for being newer. Net adjustment: -$71,091.

1909 PHANTOM HORSE, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 1,798 sqft Built 2004
Raw Value $472,156
Adjusted Value $381,410

Adjusted -$93,469 for 428 sqft less living space and +$2,723 for being newer. Net adjustment: -$90,746.

1907 PHANTOM HORSE, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 1,697 sqft Built 2004
Raw Value $481,066
Adjusted Value $412,377

Adjusted -$71,412 for 327 sqft less living space and +$2,723 for being newer. Net adjustment: -$68,689.

1903 PHANTOM HORSE, LEANDER, TX 78641
0.00 mi 94% similar Same subdivision
3 bed 2 bath 2,115 sqft Built 2005
Raw Value $412,040
Adjusted Value $249,343

Adjusted -$162,697 for 745 sqft less living space. Net adjustment: -$162,697.

The Neighborhood

This home is valued 11.5% above the L247502E - Boulders At Crystal Falls - Lennar median of $444,438. With 358 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 9.8% over the past year.

L247502E - Boulders At Crystal Falls - Lennar

typical
358 Properties
$444,438 Median Value
-9.8% YoY Change
1% Have Pool
99% Have Garage
This Home
$495,733
Median
$444,438

This home is +11.5% above the subdivision median.

Tax Analysis

The estimated annual property tax is $10,105 across all districts. With a homestead exemption claimed, that drops to $8,471 — saving $1,634 per year. That's $706 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%$5,388
LeanderCity0.4173%$2,069
Williamson CountyCounty0.3694%$1,831
Austin Community Collegespecial0.1034%$513
Williamson County FM/RdCounty0.0443%$220
Upper Brushy Creek WCIDWater0.0170%$84
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$10,105

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $381,764 would pay approximately $2,383 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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