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508 RED HAWK DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath1,019 sqftBuilt 2006

Property at a Glance

This home is estimated between $204,670 and $387,436, with a best estimate of $325,009. That places the property below the L206414D - Villas at Vista Ridge median of $381,355, in a neighborhood that declined 5.2% over the past year.

Estimated Value Range

$204,670 $387,436
Best Estimate
$325,009
WCAD Value
$387,500
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 $204,670 and $387,436. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

509 RED HAWK DR, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,568 sqft Built 2011
Raw Value $315,589
Adjusted Value $204,670

Adjusted -$107,304 for 549 sqft less living space and -$3,615 for being older. Net adjustment: -$110,919.

501 RED HAWK DR, LEANDER, TX 78641
0.04 mi 100% similar Same subdivision
4 bed 2 bath 1,279 sqft Built 2006
Raw Value $438,254
Adjusted Value $387,436

Adjusted -$50,818 for 260 sqft less living space. Net adjustment: -$50,818.

505 RED HAWK DR, LEANDER, TX 78641
0.04 mi 96% similar Same subdivision
3 bed 2 bath 2,164 sqft Built 2007
Raw Value $549,525
Adjusted Value $325,009

Adjusted -$223,793 for 1,145 sqft less living space and -$723 for being older. Net adjustment: -$224,516.

3 bed 2 bath 953 sqft Built 2023
Raw Value $351,008
Adjusted Value $351,618

Adjusted +$12,900 for 66 sqft more living space and -$12,290 for being older. Net adjustment: +$610.

4 bed 2 bath 1,304 sqft Built 2021
Raw Value $382,850
Adjusted Value $316,302

Adjusted -$55,704 for 285 sqft less living space and -$10,844 for being older. Net adjustment: -$66,548.

The Neighborhood

This home is valued 1.6% above the L206414D - Villas at Vista Ridge median of $381,355. With 547 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.2% over the past year.

L206414D - Villas at Vista Ridge

typical
547 Properties
$381,355 Median Value
-5.2% YoY Change
0% Have Pool
100% Have Garage
This Home
$387,500
Median
$381,355

This home is +1.6% above the subdivision median.

Tax Analysis

The estimated annual property tax is $7,899 across all districts. With a homestead exemption claimed, that drops to $6,285 — saving $1,614 per year. That's $524 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%$4,212
LeanderCity0.4173%$1,617
Williamson CountyCounty0.3694%$1,432
Austin Community Collegespecial0.1034%$401
Williamson County FM/RdCounty0.0443%$172
Upper Brushy Creek WCIDWater0.0170%$66
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$7,899

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $325,009 would pay approximately $2,029 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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