2406 BRANDING IRON LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $338,384 and $649,824, with a best estimate of $377,495. That places the property below the L250501E - LAKELINE RANCH median of $433,223, in a neighborhood that appreciated 0.2% over the past year.
Estimated Value Range
$377,495
$396,023
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L250501E - LAKELINE RANCH, this home's estimated market value is between $338,384 and $649,824. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$13,039 for 60 sqft less living space and +$5,195 for being newer. Net adjustment: -$7,844.
Adjusted -$116,912 for 538 sqft less living space. Net adjustment: -$116,912.
Adjusted -$6,085 for 28 sqft less living space and +$5,195 for being newer. Net adjustment: -$890.
Adjusted -$88,879 for 409 sqft less living space. Net adjustment: -$88,879.
Adjusted +$5,650 for 26 sqft more living space. Net adjustment: +$5,650.
The Neighborhood
This home is valued 8.6% below the L250501E - LAKELINE RANCH median of $433,223. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 0.2% over the past year.
L250501E - LAKELINE RANCH
typicalThis home is -8.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,072 across all districts. With a homestead exemption claimed, that drops to $6,457 — saving $1,615 per year. That's $538 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% | $4,304 |
| Leander | City | 0.4173% | $1,653 |
| Williamson County | County | 0.3694% | $1,463 |
| Austin Community College | special | 0.1034% | $409 |
| Williamson County FM/Rd | County | 0.0443% | $176 |
| Upper Brushy Creek WCID | Water | 0.0170% | $67 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,072 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $377,495 would pay approximately $2,356 per month (principal and interest only, excluding taxes and insurance).