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505 SUSAN LN, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath1,517 sqftBuilt 1985

Property at a Glance

This home is estimated between $281,566 and $394,459, with a best estimate of $362,103. That places the property above 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

$281,566 $394,459
Best Estimate
$362,103
WCAD Value
$321,232
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal. The estimated range of $281,566 and $394,459 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,049 sqft Built 1978
Raw Value $279,716
Adjusted Value $394,459

Adjusted +$105,792 for 468 sqft more living space and +$8,951 for being newer. Net adjustment: +$114,743.

3 bed 2 bath 1,069 sqft Built 1994
Raw Value $277,197
Adjusted Value $366,960

Adjusted +$101,271 for 448 sqft more living space and -$11,508 for being older. Net adjustment: +$89,763.

3 bed 1 bath 1,711 sqft Built 1978
Raw Value $316,469
Adjusted Value $281,566

Adjusted -$43,854 for 194 sqft less living space and +$8,951 for being newer. Net adjustment: -$34,903.

3 bed 2 bath 1,012 sqft Built 1994
Raw Value $259,455
Adjusted Value $362,103

Adjusted +$114,156 for 505 sqft more living space and -$11,508 for being older. Net adjustment: +$102,648.

505 OSAGE DR, LEANDER, TX 78641
0.00 mi 88% similar
3 bed 1 bath 1,209 sqft Built 1980
Raw Value $257,957
Adjusted Value $333,975

Adjusted +$69,624 for 308 sqft more living space and +$6,394 for being newer. Net adjustment: +$76,018.

The Neighborhood

This home is valued 4.4% below the L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal median of $335,878. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.4% over the past year.

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

typical
1,816 Properties
$335,878 Median Value
-3.4% YoY Change
0% Have Pool
98% Have Garage
This Home
$321,232
Median
$335,878

This home is -4.4% below the subdivision median.

Tax Analysis

The estimated annual property tax is $6,958 across all districts. With a homestead exemption claimed, that drops to $5,377 — saving $1,581 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%$3,491
Block House MUDMUD0.5450%$1,751
Williamson CountyCounty0.3694%$1,187
Austin Community Collegespecial0.1034%$332
Williamson County FM/RdCounty0.0443%$142
Upper Brushy Creek WCIDWater0.0170%$55
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1661%$6,958

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $362,103 would pay approximately $2,260 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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