500 MILLCREEK LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $215,909 and $300,008, with a best estimate of $290,919. That places the property below the L101494H - North Creek Sec 1 & 2 median of $310,157, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$290,919
$324,877
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L101494H - North Creek Sec 1 & 2, this home's estimated market value is between $215,909 and $300,008. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$129,466 for 593 sqft less living space. Net adjustment: -$129,466.
Adjusted +$24,889 for 114 sqft more living space and -$881 for being older. Net adjustment: +$24,008.
Adjusted -$1,747 for 8 sqft less living space and +$881 for being newer. Net adjustment: -$866.
Adjusted +$21,177 for 97 sqft more living space and +$881 for being newer. Net adjustment: +$22,058.
Adjusted +$17,029 for 78 sqft more living space and +$881 for being newer. Net adjustment: +$17,910.
The Neighborhood
This home is valued 4.7% above the L101494H - North Creek Sec 1 & 2 median of $310,157. With 986 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is +4.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,622 across all districts. With a homestead exemption claimed, that drops to $5,020 — saving $1,602 per year. That's $418 per month a buyer should budget. The assessed value increased +2.7% vs the subdivision average of -3.9%. This above-average increase gives a protest opportunity score of 33 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,531 |
| Leander | City | 0.4173% | $1,356 |
| Williamson County | County | 0.3694% | $1,200 |
| Austin Community College | special | 0.1034% | $336 |
| Williamson County FM/Rd | County | 0.0443% | $144 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,622 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $290,919 would pay approximately $1,816 per month (principal and interest only, excluding taxes and insurance).