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197 SPOTTED RAIL RDG, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed3 bath1,791 sqftBuilt 2020

Property at a Glance

This home is estimated between $285,310 and $536,085, with a best estimate of $501,274. That places the property above the L121521G - SUMMELYN PULTE & CENTEX R4'S median of $339,602, in a neighborhood that declined 8.3% over the past year.

Estimated Value Range

$285,310 $536,085
Best Estimate
$501,274
WCAD Value
$441,507
High Confidence

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

Based on 5 comparable properties in L121521G - SUMMELYN PULTE & CENTEX R4'S, this home's estimated market value is between $285,310 and $536,085. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

193 SPOTTED RAIL RDG, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
5 bed 4 bath 1,500 sqft Built 2019
Raw Value $440,322
Adjusted Value $536,085

Adjusted +$88,774 for 291 sqft more living space and +$6,989 for being newer. Net adjustment: +$95,763.

189 SPOTTED RAIL RDG, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 3 bath 1,486 sqft Built 2019
Raw Value $410,434
Adjusted Value $510,468

Adjusted +$93,045 for 305 sqft more living space and +$6,989 for being newer. Net adjustment: +$100,034.

301 SPOTTED RAIL RDG, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,901 sqft Built 2021
Raw Value $325,856
Adjusted Value $285,310

Adjusted -$33,557 for 110 sqft less living space and -$6,989 for being older. Net adjustment: -$40,546.

196 GREEN EGRET WAY, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,503 sqft Built 2020
Raw Value $413,415
Adjusted Value $501,274

Adjusted +$87,859 for 288 sqft more living space. Net adjustment: +$87,859.

192 GREEN EGRET WAY, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,679 sqft Built 2020
Raw Value $311,000
Adjusted Value $345,167

Adjusted +$34,167 for 112 sqft more living space. Net adjustment: +$34,167.

The Neighborhood

This home is valued 30.0% above the L121521G - SUMMELYN PULTE & CENTEX R4'S median of $339,602. With 449 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.3% over the past year.

L121521G - SUMMELYN PULTE & CENTEX R4'S

above average
449 Properties
$339,602 Median Value
-8.3% YoY Change
0% Have Pool
100% Have Garage
This Home
$441,507
Median
$339,602

This home is +30.0% above the subdivision median.

Tax Analysis

The estimated annual property tax is $9,483 across all districts. With a homestead exemption claimed, that drops to $7,857 — saving $1,626 per year. That's $655 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%$4,799
Liberty HillCity0.4694%$2,072
Williamson CountyCounty0.3694%$1,631
Austin Community Collegespecial0.1034%$457
Williamson County ESD #4 - Liberty HillESD0.0745%$329
Williamson County FM/RdCounty0.0443%$196
Summerlyn West PIDpid0.0000%$0
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T17)other0.0000%$0
Total Annual Tax2.1480%$9,483

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $501,274 would pay approximately $3,129 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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