2408 BRANDING IRON LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $459,425 and $770,865, with a best estimate of $498,536. That places the property above the L250501E - LAKELINE RANCH median of $433,223, in a neighborhood that appreciated 0.2% over the past year.
Estimated Value Range
$498,536
$442,920
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L250501E - LAKELINE RANCH, this home's estimated market value is between $459,425 and $770,865. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$108,002 for 497 sqft more living space and +$5,195 for being newer. Net adjustment: +$113,197.
Adjusted +$4,129 for 19 sqft more living space. Net adjustment: +$4,129.
Adjusted +$114,956 for 529 sqft more living space and +$5,195 for being newer. Net adjustment: +$120,151.
Adjusted +$32,162 for 148 sqft more living space. Net adjustment: +$32,162.
Adjusted +$126,691 for 583 sqft more living space. Net adjustment: +$126,691.
The Neighborhood
This home is valued 2.2% above the L250501E - LAKELINE RANCH median of $433,223. With 546 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 0.2% over the past year.
L250501E - LAKELINE RANCH
typicalThis home is +2.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,028 across all districts. With a homestead exemption claimed, that drops to $7,404 — saving $1,624 per year. That's $617 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
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $4,814 |
| Leander | City | 0.4173% | $1,848 |
| Williamson County | County | 0.3694% | $1,636 |
| Austin Community College | special | 0.1034% | $458 |
| Williamson County FM/Rd | County | 0.0443% | $196 |
| Upper Brushy Creek WCID | Water | 0.0170% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $9,028 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $498,536 would pay approximately $3,112 per month (principal and interest only, excluding taxes and insurance).