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1501 MCDOWELL BND, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed2 bath1,026 sqftBuilt 2003

Property at a Glance

This home is estimated between $232,905 and $412,462, with a best estimate of $249,279. That places the property below the L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal median of $335,878, in a neighborhood that declined 3.4% over the past year.

Estimated Value Range

$232,905 $412,462
Best Estimate
$249,279
WCAD Value
$401,688
High Confidence

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

Based on 5 comparable properties in L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal, this home's estimated market value is between $232,905 and $412,462. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

1501 SCOTTSDALE DR, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 916 sqft Built 2001
Raw Value $368,069
Adjusted Value $395,492

Adjusted +$24,866 for 110 sqft more living space and +$2,557 for being newer. Net adjustment: +$27,423.

1501 MOLSON LAKE DR, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 1,162 sqft Built 2003
Raw Value $280,022
Adjusted Value $249,279

Adjusted -$30,743 for 136 sqft less living space. Net adjustment: -$30,743.

1501 NETTIE DR, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,376 sqft Built 2001
Raw Value $309,466
Adjusted Value $232,905

Adjusted -$79,118 for 350 sqft less living space and +$2,557 for being newer. Net adjustment: -$76,561.

1501 CATALINA DR, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,415 sqft Built 2002
Raw Value $320,565
Adjusted Value $233,910

Adjusted -$87,934 for 389 sqft less living space and +$1,279 for being newer. Net adjustment: -$86,655.

1405 MOJAVE BND, LEANDER, TX 78641
0.04 mi 100% similar Same subdivision
3 bed 2 bath 937 sqft Built 2003
Raw Value $392,343
Adjusted Value $412,462

Adjusted +$20,119 for 89 sqft more living space. Net adjustment: +$20,119.

The Neighborhood

This home is valued 19.6% above the L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal median of $335,878. With 1,816 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.4% over the past year.

L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal

above average
1,816 Properties
$335,878 Median Value
-3.4% YoY Change
0% Have Pool
98% Have Garage
This Home
$401,688
Median
$335,878

This home is +19.6% above the subdivision median.

Tax Analysis

The estimated annual property tax is $8,701 across all districts. With a homestead exemption claimed, that drops to $7,105 — saving $1,596 per year. That's $592 per month a buyer should budget. The assessed value increased +4.2% vs the subdivision average of -3.4%. This above-average increase gives a protest opportunity score of 38 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$4,366
Block House MUDMUD0.5450%$2,189
Williamson CountyCounty0.3694%$1,484
Austin Community Collegespecial0.1034%$415
Williamson County FM/RdCounty0.0443%$178
Upper Brushy Creek WCIDWater0.0170%$68
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1661%$8,701
38 / 100

Some opportunity.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $249,279 would pay approximately $1,556 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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