607 MUNICIPAL DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $3,912,414 and $4,142,329, with a best estimate of $4,034,519. That places the property above the L50IS - Storage Warehouse-leander/cedar Park median of $2,874,976, in a neighborhood that appreciated 62.9% over the past year.
Estimated Value Range
$4,034,519
$3,498,712
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L50IS - Storage Warehouse-leander/cedar Park. The estimated range of $3,912,414 and $4,142,329 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$3,756,006 for 11,792 sqft more living space. Net adjustment: +$3,756,006.
Adjusted +$3,492,907 for 10,966 sqft more living space and -$60,193 for no garage. Net adjustment: +$3,432,714.
Adjusted +$3,868,762 for 12,146 sqft more living space and -$60,193 for no garage. Net adjustment: +$3,808,569.
Adjusted +$3,664,908 for 11,506 sqft more living space and -$60,193 for no garage. Net adjustment: +$3,604,715.
Adjusted +$3,723,198 for 11,689 sqft more living space and -$60,193 for no garage. Net adjustment: +$3,663,005.
The Neighborhood
This home is valued 21.7% above the L50IS - Storage Warehouse-leander/cedar Park median of $2,874,976. With 36 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 62.9% over the past year.
L50IS - Storage Warehouse-leander/cedar Park
above averageThis home is +21.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $71,316 across all districts. With a homestead exemption claimed, that drops to $69,002 — saving $2,314 per year. That's $5,750 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% | $38,028 |
| Leander | City | 0.4173% | $14,599 |
| Williamson County | County | 0.3694% | $12,926 |
| Austin Community College | special | 0.1034% | $3,618 |
| Williamson County FM/Rd | County | 0.0443% | $1,551 |
| Upper Brushy Creek WCID | Water | 0.0170% | $595 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $71,316 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $4,034,519 would pay approximately $25,183 per month (principal and interest only, excluding taxes and insurance).