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3968 WACO WAY, LEANDER, TX 78641

LEANDER, 78641 — williamson County

5 bed4 bath2,619 sqftBuilt 2024

Property at a Glance

This home is estimated between $442,912 and $1,036,192, with a best estimate of $591,986. That places the property below the L494522C - EDGEWOOD median of $654,811, in a neighborhood that appreciated 195.7% over the past year.

Estimated Value Range

$442,912 $1,036,192
Best Estimate
$591,986
WCAD Value
$778,022
Low Confidence

Based on 5 comparable properties(1 in the same subdivision)

There are 5 comparable properties within range, but few are in L494522C - EDGEWOOD. The estimated range of $442,912 and $1,036,192 should be treated as a rough guide.

Comparable Properties (5)

3965 WACO WAY, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 4 bath 2,653 sqft Built 2025
Raw Value $756,614
Adjusted Value $761,647

Adjusted -$10,446 for 34 sqft less living space and +$15,479 for being newer. Net adjustment: +$5,033.

4 bed 4 bath 2,906 sqft Built 2015
Raw Value $670,406
Adjusted Value $442,912

Adjusted -$88,180 for 287 sqft less living space and -$139,314 for being older. Net adjustment: -$227,494.

5 bed 4 bath 1,869 sqft Built 2015
Raw Value $500,864
Adjusted Value $591,986

Adjusted +$230,436 for 750 sqft more living space and -$139,314 for being older. Net adjustment: +$91,122.

3 bed 2 bath 2,783 sqft Built 2021
Raw Value $1,133,019
Adjusted Value $1,036,192

Adjusted -$50,389 for 164 sqft less living space and -$46,438 for being older. Net adjustment: -$96,827.

3 bed 2 bath 2,803 sqft Built 2018
Raw Value $741,023
Adjusted Value $591,613

Adjusted -$56,534 for 184 sqft less living space and -$92,876 for being older. Net adjustment: -$149,410.

The Neighborhood

This home is valued 18.8% above the L494522C - EDGEWOOD median of $654,811. With 198 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 195.7% over the past year.

L494522C - EDGEWOOD

above average
198 Properties
$654,811 Median Value
+195.7% YoY Change
0% Have Pool
100% Have Garage
This Home
$778,022
Median
$654,811

This home is +18.8% above the subdivision median.

Tax Analysis

The estimated annual property tax is $15,859 across all districts. With a homestead exemption claimed, that drops to $14,161 — saving $1,698 per year. That's $1,180 per month a buyer should budget. The assessed value increased +15.9% vs the subdivision average of +195.7%. This increase gives a protest opportunity score of 45 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$8,456
LeanderCity0.4173%$3,247
Williamson CountyCounty0.3694%$2,874
Austin Community Collegespecial0.1034%$804
Williamson County FM/RdCounty0.0443%$345
Upper Brushy Creek WCIDWater0.0170%$132
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$15,859
45 / 100

Moderate opportunity to protest.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $591,986 would pay approximately $3,695 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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