512 FORESAIL RD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $453,705 and $680,897, with a best estimate of $516,084. That places the property below the L222421C - HORIZON LAKE R5 median of $645,588, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$516,084
$606,431
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $453,705 and $680,897. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$14,252 for 42 sqft less living space. Net adjustment: -$14,252.
Adjusted +$26,808 for 79 sqft more living space. Net adjustment: +$26,808.
Adjusted -$6,108 for 18 sqft less living space. Net adjustment: -$6,108.
This comparable closely matches the subject property's features.
Adjusted +$65,153 for 192 sqft more living space. Net adjustment: +$65,153.
The Neighborhood
This home is valued 6.1% below the L222421C - HORIZON LAKE R5 median of $645,588. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.7% over the past year.
L222421C - HORIZON LAKE R5
typicalThis home is -6.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,361 across all districts. With a homestead exemption claimed, that drops to $10,702 — saving $1,659 per year. That's $892 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% | $6,591 |
| Leander | City | 0.4173% | $2,531 |
| Williamson County | County | 0.3694% | $2,240 |
| Austin Community College | special | 0.1034% | $627 |
| Williamson County FM/Rd | County | 0.0443% | $269 |
| Upper Brushy Creek WCID | Water | 0.0170% | $103 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $12,361 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $516,084 would pay approximately $3,221 per month (principal and interest only, excluding taxes and insurance).