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1603 PARKWOOD DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath1,193 sqftBuilt 1997

Property at a Glance

This home is estimated between $266,557 and $318,675, with a best estimate of $274,534. 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

$266,557 $318,675
Best Estimate
$274,534
WCAD Value
$263,524
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 $266,557 and $318,675 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 $274,534

Adjusted +$4,846 for 22 sqft more living space and -$12,298 for being older. Net adjustment: -$7,452.

3 bed 2 bath 1,211 sqft Built 2000
Raw Value $285,268
Adjusted Value $275,154

Adjusted -$3,965 for 18 sqft less living space and -$6,149 for being older. Net adjustment: -$10,114.

3 bed 2 bath 1,326 sqft Built 2001
Raw Value $307,789
Adjusted Value $270,291

Adjusted -$29,299 for 133 sqft less living space and -$8,199 for being older. Net adjustment: -$37,498.

4 bed 2 bath 1,244 sqft Built 1997
Raw Value $329,910
Adjusted Value $318,675

Adjusted -$11,235 for 51 sqft less living space. Net adjustment: -$11,235.

3 bed 2 bath 1,364 sqft Built 1994
Raw Value $298,078
Adjusted Value $266,557

Adjusted -$37,670 for 171 sqft less living space and +$6,149 for being newer. Net adjustment: -$31,521.

The Neighborhood

This home is valued 14.4% 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

typical
691 Properties
$307,845 Median Value
-8.7% YoY Change
1% Have Pool
96% Have Garage
This Home
$263,524
Median
$307,845

This home is -14.4% below the subdivision median.

Tax Analysis

The estimated annual property tax is $5,372 across all districts. With a homestead exemption claimed, that drops to $3,780 — saving $1,592 per year. That's $315 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%$2,864
LeanderCity0.4173%$1,100
Williamson CountyCounty0.3694%$974
Austin Community Collegespecial0.1034%$272
Williamson County FM/RdCounty0.0443%$117
Upper Brushy Creek WCIDWater0.0170%$45
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$5,372

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $274,534 would pay approximately $1,714 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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