3500 PRAIRIE HEIGHTS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $994,972 and $1,534,712, with a best estimate of $1,166,503. That places the property below the L132614A - REAGANS OVERLOOK median of $1,249,806, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$1,166,503
$1,058,721
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L132614A - REAGANS OVERLOOK, this home's estimated market value is between $994,972 and $1,534,712. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$133,727 for 396 sqft less living space. Net adjustment: -$133,727.
Adjusted +$118,868 for 352 sqft more living space. Net adjustment: +$118,868.
Adjusted -$126,973 for 376 sqft less living space. Net adjustment: -$126,973.
Adjusted +$12,157 for 36 sqft more living space and +$12,837 for being newer. Net adjustment: +$24,994.
Adjusted -$322,497 for 955 sqft less living space. Net adjustment: -$322,497.
The Neighborhood
This home is valued 15.3% below the L132614A - REAGANS OVERLOOK median of $1,249,806. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.5% over the past year.
L132614A - REAGANS OVERLOOK
below averageThis home is -15.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $21,401 across all districts. With a homestead exemption claimed, that drops to $19,639 — saving $1,762 per year. That's $1,637 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% | $11,507 |
| Leander | City | 0.4173% | $4,418 |
| Williamson County | County | 0.3694% | $3,911 |
| Austin Community College | special | 0.1034% | $1,095 |
| Williamson County FM/Rd | County | 0.0443% | $469 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $21,401 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,166,503 would pay approximately $7,281 per month (principal and interest only, excluding taxes and insurance).