705 MILLCREEK LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $334,815 and $394,297, with a best estimate of $388,017. That places the property below the L129414C - HAWKS LANDING R5 median of $560,051, in a neighborhood that appreciated 37.9% over the past year.
Estimated Value Range
$388,017
$409,641
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L129414C - HAWKS LANDING R5, this home's estimated market value is between $334,815 and $394,297. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$50,627 for 215 sqft less living space. Net adjustment: -$50,627.
Adjusted -$50,627 for 215 sqft less living space. Net adjustment: -$50,627.
Adjusted -$80,767 for 343 sqft less living space. Net adjustment: -$80,767.
Adjusted -$128,568 for 546 sqft less living space and -$16,851 for being older. Net adjustment: -$145,419.
Adjusted -$221,580 for 941 sqft less living space. Net adjustment: -$221,580.
The Neighborhood
This home is valued 26.9% below the L129414C - HAWKS LANDING R5 median of $560,051. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 37.9% over the past year.
L129414C - HAWKS LANDING R5
below averageThis home is -26.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,350 across all districts. With a homestead exemption claimed, that drops to $6,732 — saving $1,618 per year. That's $561 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% | $4,452 |
| Leander | City | 0.4173% | $1,709 |
| Williamson County | County | 0.3694% | $1,513 |
| Austin Community College | special | 0.1034% | $424 |
| Williamson County FM/Rd | County | 0.0443% | $182 |
| Upper Brushy Creek WCID | Water | 0.0170% | $70 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,350 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $388,017 would pay approximately $2,422 per month (principal and interest only, excluding taxes and insurance).