2305 SPANISH CEDAR DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $951,496 and $1,019,744, with a best estimate of $995,587. That places the property below the L425723A - HIDDEN CREEKS AT LAKEWOOD median of $1,113,009, in a neighborhood that appreciated 127.0% over the past year.
Estimated Value Range
$995,587
$1,116,257
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L425723A - HIDDEN CREEKS AT LAKEWOOD, this home's estimated market value is between $951,496 and $1,019,744. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$424,128 for 1,108 sqft less living space. Net adjustment: -$424,128.
Adjusted -$279,817 for 731 sqft less living space. Net adjustment: -$279,817.
Adjusted -$285,942 for 747 sqft less living space. Net adjustment: -$285,942.
Adjusted -$418,769 for 1,094 sqft less living space. Net adjustment: -$418,769.
Adjusted -$318,096 for 831 sqft less living space. Net adjustment: -$318,096.
The Neighborhood
This home is in line with the L425723A - HIDDEN CREEKS AT LAKEWOOD median of $1,113,009. The neighborhood appreciated 127.0% over the past year.
L425723A - HIDDEN CREEKS AT LAKEWOOD
typicalThis home is +0.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $22,114 across all districts. With a homestead exemption claimed, that drops to $20,346 — saving $1,768 per year. That's $1,696 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% | $12,133 |
| Williamson County | County | 0.3694% | $4,124 |
| Cedar Park | City | 0.3600% | $4,019 |
| Austin Community College | special | 0.1034% | $1,154 |
| Williamson County FM/Rd | County | 0.0443% | $495 |
| Upper Brushy Creek WCID | Water | 0.0170% | $190 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $22,114 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $995,587 would pay approximately $6,214 per month (principal and interest only, excluding taxes and insurance).