511 MILLCREEK LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $255,689 and $289,026, with a best estimate of $282,091. 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
$282,091
$275,984
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 $255,689 and $289,026. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
This comparable closely matches the subject property's features.
Adjusted -$20,959 for 96 sqft less living space. Net adjustment: -$20,959.
Adjusted +$7,641 for 35 sqft more living space. Net adjustment: +$7,641.
Adjusted +$13,536 for 62 sqft more living space. Net adjustment: +$13,536.
Adjusted -$42,137 for 193 sqft less living space. Net adjustment: -$42,137.
The Neighborhood
This home is valued 11.0% below the L101494H - North Creek Sec 1 & 2 median of $310,157. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is -11.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,626 across all districts. With a homestead exemption claimed, that drops to $4,032 — saving $1,594 per year. That's $336 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% | $3,000 |
| Leander | City | 0.4173% | $1,152 |
| Williamson County | County | 0.3694% | $1,020 |
| Austin Community College | special | 0.1034% | $285 |
| Williamson County FM/Rd | County | 0.0443% | $122 |
| Upper Brushy Creek WCID | Water | 0.0170% | $47 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,626 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $282,091 would pay approximately $1,761 per month (principal and interest only, excluding taxes and insurance).