505 CLEAR SPRING LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $252,760 and $285,592, with a best estimate of $268,194. That places the property below the L101494H - North Creek Sec 1 & 2 median of $310,157, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$268,194
$272,820
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L101494H - North Creek Sec 1 & 2, this home's estimated market value is between $252,760 and $285,592. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$31,875 for 146 sqft less living space. Net adjustment: -$31,875.
Adjusted +$3,493 for 16 sqft more living space. Net adjustment: +$3,493.
Adjusted -$15,283 for 70 sqft less living space. Net adjustment: -$15,283.
Adjusted -$42,573 for 195 sqft less living space. Net adjustment: -$42,573.
Adjusted +$11,353 for 52 sqft more living space and -$1,761 for being older. Net adjustment: +$9,592.
The Neighborhood
This home is valued 12.0% below the L101494H - North Creek Sec 1 & 2 median of $310,157. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is -12.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,561 across all districts. With a homestead exemption claimed, that drops to $3,968 — saving $1,593 per year. That's $331 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% | $2,965 |
| Leander | City | 0.4173% | $1,138 |
| Williamson County | County | 0.3694% | $1,008 |
| Austin Community College | special | 0.1034% | $282 |
| Williamson County FM/Rd | County | 0.0443% | $121 |
| Upper Brushy Creek WCID | Water | 0.0170% | $46 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,561 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $268,194 would pay approximately $1,674 per month (principal and interest only, excluding taxes and insurance).