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507 RIDGMAR RD, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath2,431 sqftBuilt 1987

Property at a Glance

This home is estimated between $395,412 and $630,566, with a best estimate of $399,828. That places the property below the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063, in a neighborhood that declined 25.0% over the past year.

Estimated Value Range

$395,412 $630,566
Best Estimate
$399,828
WCAD Value
$987,490
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in L010D82C - Leander Williamson Abstracts le 20 Acres. The estimated range of $395,412 and $630,566 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 2,301 sqft Built 2000
Raw Value $472,108
Adjusted Value $443,862

Adjusted +$42,450 for 130 sqft more living space and -$70,696 for being older. Net adjustment: -$28,246.

505 SUSAN LN, LEANDER, TX 78641
0.00 mi 91% similar
3 bed 2 bath 1,517 sqft Built 1985
Raw Value $321,232
Adjusted Value $630,566

Adjusted +$298,458 for 914 sqft more living space and +$10,876 for being newer. Net adjustment: +$309,334.

3 bed 2 bath 1,817 sqft Built 2014
Raw Value $346,163
Adjusted Value $399,828

Adjusted +$200,496 for 614 sqft more living space and -$146,831 for being older. Net adjustment: +$53,665.

3 bed 2 bath 1,805 sqft Built 2016
Raw Value $348,705
Adjusted Value $395,412

Adjusted +$204,414 for 626 sqft more living space and -$157,707 for being older. Net adjustment: +$46,707.

3 bed 2 bath 1,801 sqft Built 2016
Raw Value $348,450
Adjusted Value $396,464

Adjusted +$205,721 for 630 sqft more living space and -$157,707 for being older. Net adjustment: +$48,014.

The Neighborhood

This home is valued 30.8% above the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063. With 792 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 25.0% over the past year.

L010D82C - Leander Williamson Abstracts le 20 Acres

above average
792 Properties
$755,063 Median Value
-25.0% YoY Change
5% Have Pool
55% Have Garage
This Home
$987,490
Median
$755,063

This home is +30.8% above the subdivision median.

Tax Analysis

The estimated annual property tax is $19,255 across all districts. With a homestead exemption claimed, that drops to $17,520 — saving $1,735 per year. That's $1,460 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%$10,267
LeanderCity0.4173%$3,942
Williamson CountyCounty0.3694%$3,490
Austin Community Collegespecial0.1034%$977
Williamson County FM/RdCounty0.0443%$419
Upper Brushy Creek WCIDWater0.0170%$161
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$19,255

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $399,828 would pay approximately $2,496 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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