240 FRIO LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $581,600 and $821,834, with a best estimate of $638,706. That places the property above the L285414C - Carneros Ranch median of $515,426, in a neighborhood that declined 17.3% over the past year.
Estimated Value Range
$638,706
$538,862
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L285414C - Carneros Ranch, this home's estimated market value is between $581,600 and $821,834. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$15,700 for 74 sqft less living space and +$1,853 for being newer. Net adjustment: -$13,847.
Adjusted +$24,611 for 116 sqft more living space and -$1,853 for being older. Net adjustment: +$22,758.
Adjusted +$216,618 for 1,021 sqft more living space and -$1,853 for being older. Net adjustment: +$214,765.
Adjusted +$74,681 for 352 sqft more living space and +$1,853 for being newer. Net adjustment: +$76,534.
Adjusted +$123,479 for 582 sqft more living space. Net adjustment: +$123,479.
The Neighborhood
This home is valued 4.5% above the L285414C - Carneros Ranch median of $515,426. With 252 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 17.3% over the past year.
L285414C - Carneros Ranch
typicalThis home is +4.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,984 across all districts. With a homestead exemption claimed, that drops to $9,340 — saving $1,644 per year. That's $778 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% | $5,857 |
| Leander | City | 0.4173% | $2,249 |
| Williamson County | County | 0.3694% | $1,991 |
| Austin Community College | special | 0.1034% | $557 |
| Williamson County FM/Rd | County | 0.0443% | $239 |
| Upper Brushy Creek WCID | Water | 0.0170% | $92 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $10,984 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $638,706 would pay approximately $3,987 per month (principal and interest only, excluding taxes and insurance).