505 BUTTERMILK LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $357,402 and $511,637, with a best estimate of $398,658. That places the property below the L137414F - NORTHSIDE MEADOWS median of $419,348, in a neighborhood that declined 4.7% over the past year.
Estimated Value Range
$398,658
$461,282
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L137414F - NORTHSIDE MEADOWS, this home's estimated market value is between $357,402 and $511,637. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$39,354 for 183 sqft less living space. Net adjustment: -$39,354.
Adjusted +$25,376 for 118 sqft more living space. Net adjustment: +$25,376.
Adjusted +$75,913 for 353 sqft more living space. Net adjustment: +$75,913.
Adjusted -$60,429 for 281 sqft less living space. Net adjustment: -$60,429.
Adjusted -$21,935 for 102 sqft less living space. Net adjustment: -$21,935.
The Neighborhood
This home is valued 10.0% above the L137414F - NORTHSIDE MEADOWS median of $419,348. With 248 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.7% over the past year.
L137414F - NORTHSIDE MEADOWS
typicalThis home is +10.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,403 across all districts. With a homestead exemption claimed, that drops to $7,775 — saving $1,628 per year. That's $648 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% | $5,014 |
| Leander | City | 0.4173% | $1,925 |
| Williamson County | County | 0.3694% | $1,704 |
| Austin Community College | special | 0.1034% | $477 |
| Williamson County FM/Rd | County | 0.0443% | $204 |
| Upper Brushy Creek WCID | Water | 0.0170% | $78 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $9,403 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $398,658 would pay approximately $2,488 per month (principal and interest only, excluding taxes and insurance).