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1519 PARKWOOD DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath1,185 sqftBuilt 1997

Property at a Glance

This home is estimated between $264,795 and $316,913, with a best estimate of $272,772. That places the property below the L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek median of $307,845, in a neighborhood that declined 8.7% over the past year.

Estimated Value Range

$264,795 $316,913
Best Estimate
$272,772
WCAD Value
$258,552
Low Confidence

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

There are 5 comparable properties within range, but none are in L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek. The estimated range of $264,795 and $316,913 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,171 sqft Built 2003
Raw Value $281,986
Adjusted Value $272,772

Adjusted +$3,084 for 14 sqft more living space and -$12,298 for being older. Net adjustment: -$9,214.

3 bed 2 bath 1,211 sqft Built 2000
Raw Value $285,268
Adjusted Value $273,391

Adjusted -$5,728 for 26 sqft less living space and -$6,149 for being older. Net adjustment: -$11,877.

3 bed 2 bath 1,326 sqft Built 2001
Raw Value $307,789
Adjusted Value $268,529

Adjusted -$31,061 for 141 sqft less living space and -$8,199 for being older. Net adjustment: -$39,260.

4 bed 2 bath 1,244 sqft Built 1997
Raw Value $329,910
Adjusted Value $316,913

Adjusted -$12,997 for 59 sqft less living space. Net adjustment: -$12,997.

3 bed 2 bath 1,364 sqft Built 1994
Raw Value $298,078
Adjusted Value $264,795

Adjusted -$39,432 for 179 sqft less living space and +$6,149 for being newer. Net adjustment: -$33,283.

The Neighborhood

This home is valued 16.0% below the L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek median of $307,845. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.7% over the past year.

L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek

below average
691 Properties
$307,845 Median Value
-8.7% YoY Change
1% Have Pool
96% Have Garage
This Home
$258,552
Median
$307,845

This home is -16.0% below the subdivision median.

Tax Analysis

The estimated annual property tax is $5,270 across all districts. With a homestead exemption claimed, that drops to $3,680 — saving $1,590 per year. That's $307 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%$2,810
LeanderCity0.4173%$1,079
Williamson CountyCounty0.3694%$955
Austin Community Collegespecial0.1034%$267
Williamson County FM/RdCounty0.0443%$115
Upper Brushy Creek WCIDWater0.0170%$44
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$5,270

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $272,772 would pay approximately $1,703 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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