540 SPINDRIFT LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $544,055 and $731,073, with a best estimate of $606,965. 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
$606,965
$754,448
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L222421C - HORIZON LAKE R5. The estimated range of $544,055 and $731,073 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$115,036 for 339 sqft less living space. Net adjustment: -$115,036.
Adjusted -$80,763 for 238 sqft less living space. Net adjustment: -$80,763.
Adjusted -$301,673 for 889 sqft less living space. Net adjustment: -$301,673.
Adjusted +$39,024 for 115 sqft more living space. Net adjustment: +$39,024.
Adjusted +$32,237 for 95 sqft more living space. Net adjustment: +$32,237.
The Neighborhood
This home is valued 16.9% above the L222421C - HORIZON LAKE R5 median of $645,588. With 180 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.7% over the past year.
L222421C - HORIZON LAKE R5
above averageThis home is +16.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,378 across all districts. With a homestead exemption claimed, that drops to $13,686 — saving $1,692 per year. That's $1,141 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% | $8,200 |
| Leander | City | 0.4173% | $3,148 |
| Williamson County | County | 0.3694% | $2,787 |
| Austin Community College | special | 0.1034% | $780 |
| Williamson County FM/Rd | County | 0.0443% | $334 |
| Upper Brushy Creek WCID | Water | 0.0170% | $128 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $15,378 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $606,965 would pay approximately $3,789 per month (principal and interest only, excluding taxes and insurance).