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400 RURAL SPACE RD, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed3 bath2,718 sqftBuilt 1972

Property at a Glance

This home is estimated between $391,441 and $1,332,310, with a best estimate of $1,071,739. That places the property above the I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN median of $800,627, in a neighborhood that appreciated 16.3% over the past year.

Estimated Value Range

$391,441 $1,332,310
Best Estimate
$1,071,739
WCAD Value
$1,518,580
High Confidence

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

Based on 5 comparable properties in I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN, this home's estimated market value is between $391,441 and $1,332,310. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

300 RURAL SPACE RD, LEANDER, TX 78641
0.00 mi 92% similar Same subdivision
3 bed 2 bath 1,715 sqft Built 1986
Raw Value $1,105,808
Adjusted Value $1,332,310

Adjusted +$393,388 for 1,003 sqft more living space and -$17,310 for being older and -$149,576 for no garage. Net adjustment: +$226,502.

3001 CR 282, LEANDER, TX 78641
0.35 mi 91% similar Same subdivision
3 bed 2 bath 5,560 sqft Built 1976
Raw Value $1,511,052
Adjusted Value $391,441

Adjusted -$1,114,665 for 2,842 sqft less living space and -$4,946 for being older. Net adjustment: -$1,119,611.

221 RURAL SPACE RD, LEANDER, TX 78641
0.00 mi 88% similar Same subdivision
3 bed 2 bath 2,162 sqft Built 2008
Raw Value $902,142
Adjusted Value $926,125

Adjusted +$218,070 for 556 sqft more living space and -$44,511 for being older and -$149,576 for no garage. Net adjustment: +$23,983.

501 RURAL SPACE RD, LEANDER, TX 78641
0.00 mi 87% similar Same subdivision
4 bed 1 bath 2,318 sqft Built 1995
Raw Value $1,110,000
Adjusted Value $1,088,871

Adjusted +$156,885 for 400 sqft more living space and -$28,438 for being older and -$149,576 for no garage. Net adjustment: -$21,129.

331 RURAL SPACE RD, LEANDER, TX 78646
0.00 mi 84% similar Same subdivision
3 bed 1,920 sqft Built 2012
Raw Value $808,211
Adjusted Value $1,071,739

Adjusted +$312,985 for 798 sqft more living space and -$49,457 for being older. Net adjustment: +$263,528.

The Neighborhood

This home is valued 89.7% above the I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN median of $800,627. With 583 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 16.3% over the past year.

I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN

outlier high
583 Properties
$800,627 Median Value
+16.3% YoY Change
4% Have Pool
39% Have Garage
This Home
$1,518,580
Median
$800,627

This home is +89.7% above the subdivision median.

Tax Analysis

The estimated annual property tax is $25,041 across all districts. With a homestead exemption claimed, that drops to $23,039 — saving $2,002 per year. That's $1,920 per month a buyer should budget. The assessed value increased +17.2% vs the subdivision average of +16.3%. This increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$17,962
Williamson CountyCounty0.3694%$5,356
Williamson County ESD #4 - Liberty HillESD0.0745%$1,080
Williamson County FM/RdCounty0.0443%$643
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$25,041
50 / 100

Moderate opportunity to protest.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $1,071,739 would pay approximately $6,690 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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