2304 LAUREL ARBOR DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $481,757 and $841,673, with a best estimate of $522,566. That places the property below the L495414C - BORHO/MAYFIELD RANCH/SAPPHIRE LOOP median of $623,673, in a neighborhood that declined 8.0% over the past year.
Estimated Value Range
$522,566
$596,368
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 $481,757 and $841,673. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$66,810 for 218 sqft less living space. Net adjustment: -$66,810.
Adjusted -$65,278 for 213 sqft less living space and +$1,997 for being newer. Net adjustment: -$63,281.
Adjusted -$83,359 for 272 sqft less living space. Net adjustment: -$83,359.
Adjusted -$110,329 for 360 sqft less living space and +$1,997 for being newer. Net adjustment: -$108,332.
Adjusted +$26,356 for 86 sqft more living space and -$3,995 for being older. Net adjustment: +$22,361.
The Neighborhood
This home is valued 4.4% below the L495414C - BORHO/MAYFIELD RANCH/SAPPHIRE LOOP median of $623,673. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.0% over the past year.
L495414C - BORHO/MAYFIELD RANCH/SAPPHIRE LOOP
typicalThis home is -4.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,156 across all districts. With a homestead exemption claimed, that drops to $10,499 — saving $1,657 per year. That's $875 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% | $6,482 |
| Leander | City | 0.4173% | $2,489 |
| Williamson County | County | 0.3694% | $2,203 |
| Austin Community College | special | 0.1034% | $617 |
| Williamson County FM/Rd | County | 0.0443% | $264 |
| Upper Brushy Creek WCID | Water | 0.0170% | $101 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $12,156 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $522,566 would pay approximately $3,262 per month (principal and interest only, excluding taxes and insurance).