1025 FELDSPAR STREAM WAY, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $284,759 and $514,929, with a best estimate of $500,657. That places the property above the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$500,657
$513,127
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L108416C - OAK CREEK MERITAGE/CASTLE ROCK, this home's estimated market value is between $284,759 and $514,929. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$100,348 for 493 sqft less living space and +$985 for being newer. Net adjustment: -$99,363.
Adjusted -$30,939 for 152 sqft less living space and +$985 for being newer. Net adjustment: -$29,954.
Adjusted -$12,213 for 60 sqft less living space. Net adjustment: -$12,213.
Adjusted +$3,257 for 16 sqft more living space. Net adjustment: +$3,257.
Adjusted +$16,284 for 80 sqft more living space and +$985 for being newer. Net adjustment: +$17,269.
The Neighborhood
This home is valued 19.2% above the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353. With 299 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.4% over the past year.
L108416C - OAK CREEK MERITAGE/CASTLE ROCK
above averageThis home is +19.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,459 across all districts. With a homestead exemption claimed, that drops to $8,822 — saving $1,637 per year. That's $735 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% | $5,577 |
| Leander | City | 0.4173% | $2,141 |
| Williamson County | County | 0.3694% | $1,896 |
| Austin Community College | special | 0.1034% | $531 |
| Williamson County FM/Rd | County | 0.0443% | $227 |
| Upper Brushy Creek WCID | Water | 0.0170% | $87 |
| Oak Creek PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $10,459 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $500,657 would pay approximately $3,125 per month (principal and interest only, excluding taxes and insurance).