501 RED KNOT AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $349,311 and $447,009, with a best estimate of $437,169. 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
$437,169
$446,768
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $349,311 and $447,009. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$67,114 for 220 sqft less living space. Net adjustment: -$67,114.
Adjusted -$9,762 for 32 sqft less living space and -$6,989 for being older. Net adjustment: -$16,751.
Adjusted +$915 for 3 sqft more living space. Net adjustment: +$915.
Adjusted +$46,065 for 151 sqft more living space. Net adjustment: +$46,065.
Adjusted -$5,491 for 18 sqft less living space. Net adjustment: -$5,491.
The Neighborhood
This home is valued 31.6% 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 averageThis home is +31.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,596 across all districts. With a homestead exemption claimed, that drops to $7,969 — saving $1,627 per year. That's $664 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% | $4,856 |
| Liberty Hill | City | 0.4694% | $2,097 |
| Williamson County | County | 0.3694% | $1,651 |
| Austin Community College | special | 0.1034% | $462 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $333 |
| Williamson County FM/Rd | County | 0.0443% | $198 |
| Summerlyn West PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T17) | other | 0.0000% | $0 |
| Total Annual Tax | 2.1480% | $9,596 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $437,169 would pay approximately $2,729 per month (principal and interest only, excluding taxes and insurance).