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1248 MALLOW RD, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath1,657 sqftBuilt 2022

Property at a Glance

This home is estimated between $375,184 and $683,010, with a best estimate of $496,530. That places the property above the L123515B - BRYSON median of $423,972, in a neighborhood that declined 9.1% over the past year.

Estimated Value Range

$375,184 $683,010
Best Estimate
$496,530
WCAD Value
$365,330
Medium Confidence

Based on 5 comparable properties(3 in the same subdivision)

Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $375,184 and $683,010. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

1244 MALLOW RD, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 3 bath 1,499 sqft Built 2022
Raw Value $461,966
Adjusted Value $496,530

Adjusted +$34,564 for 158 sqft more living space. Net adjustment: +$34,564.

700 MALLOW RD, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 2 bath 1,656 sqft Built 2019
Raw Value $485,414
Adjusted Value $511,982

Adjusted +$219 for 1 sqft more living space and +$26,349 for being newer. Net adjustment: +$26,568.

809 MALLOW RD, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 2 bath 1,639 sqft Built 2021
Raw Value $362,463
Adjusted Value $375,184

Adjusted +$3,938 for 18 sqft more living space and +$8,783 for being newer. Net adjustment: +$12,721.

644 MALLOW RD, LEANDER, TX 78641
0.00 mi 100% similar
3 bed 2 bath 1,875 sqft Built 2022
Raw Value $730,700
Adjusted Value $683,010

Adjusted -$47,690 for 218 sqft less living space. Net adjustment: -$47,690.

3 bed 2 bath 1,603 sqft Built 2005
Raw Value $314,252
Adjusted Value $475,379

Adjusted +$11,813 for 54 sqft more living space and +$149,314 for being newer. Net adjustment: +$161,127.

The Neighborhood

This home is valued 13.8% below the L123515B - BRYSON median of $423,972. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 9.1% over the past year.

L123515B - BRYSON

typical
387 Properties
$423,972 Median Value
-9.1% YoY Change
1% Have Pool
100% Have Garage
This Home
$365,330
Median
$423,972

This home is -13.8% below the subdivision median.

Tax Analysis

The estimated annual property tax is $8,663 across all districts. With a homestead exemption claimed, that drops to $7,053 — saving $1,610 per year. That's $588 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%$3,971
LeanderCity0.4173%$1,524
Williamson CountyCounty0.3694%$1,350
Leander TODD MUD #1MUD0.3500%$1,279
Austin Community Collegespecial0.1034%$378
Williamson County FM/RdCounty0.0443%$162
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T05)other0.0000%$0
Total Annual Tax2.3714%$8,663

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $496,530 would pay approximately $3,099 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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