248 FRIO LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $324,097 and $542,691, with a best estimate of $423,941. That places the property below the L285414C - Carneros Ranch median of $515,426, in a neighborhood that declined 17.3% over the past year.
Estimated Value Range
$423,941
$607,069
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L285414C - Carneros Ranch, this home's estimated market value is between $324,097 and $542,691. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$192,007 for 905 sqft less living space. Net adjustment: -$192,007.
Adjusted -$216,618 for 1,021 sqft less living space and +$1,853 for being newer. Net adjustment: -$214,765.
Adjusted -$141,937 for 669 sqft less living space and +$3,707 for being newer. Net adjustment: -$138,230.
Adjusted -$93,139 for 439 sqft less living space and +$1,853 for being newer. Net adjustment: -$91,286.
Adjusted -$67,892 for 320 sqft less living space and +$5,560 for being newer. Net adjustment: -$62,332.
The Neighborhood
This home is valued 17.8% above the L285414C - Carneros Ranch median of $515,426. With 252 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 17.3% over the past year.
L285414C - Carneros Ranch
above averageThis home is +17.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,374 across all districts. With a homestead exemption claimed, that drops to $10,715 — saving $1,659 per year. That's $893 per month a buyer should budget. The assessed value increased -7.6% vs the subdivision average of -17.3%. This above-average increase gives a protest opportunity score of 49 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $6,598 |
| Leander | City | 0.4173% | $2,533 |
| Williamson County | County | 0.3694% | $2,243 |
| Austin Community College | special | 0.1034% | $628 |
| Williamson County FM/Rd | County | 0.0443% | $269 |
| Upper Brushy Creek WCID | Water | 0.0170% | $103 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $12,374 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $423,941 would pay approximately $2,646 per month (principal and interest only, excluding taxes and insurance).