501 WASHINGTON SQUARE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $379,334 and $550,003, with a best estimate of $440,301. That places the property above the L484400G - Horizon Park Sec 1 Thru 7 median of $341,538, in a neighborhood that declined 3.8% over the past year.
Estimated Value Range
$440,301
$373,327
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L484400G - Horizon Park Sec 1 Thru 7, this home's estimated market value is between $379,334 and $550,003. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$9,566 for 46 sqft more living space. Net adjustment: +$9,566.
Adjusted +$105,023 for 505 sqft more living space. Net adjustment: +$105,023.
Adjusted +$131,226 for 631 sqft more living space. Net adjustment: +$131,226.
Adjusted +$111,054 for 534 sqft more living space. Net adjustment: +$111,054.
Adjusted +$140,793 for 677 sqft more living space. Net adjustment: +$140,793.
The Neighborhood
This home is valued 9.3% above the L484400G - Horizon Park Sec 1 Thru 7 median of $341,538. With 777 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.8% over the past year.
L484400G - Horizon Park Sec 1 Thru 7
typicalThis home is +9.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,610 across all districts. With a homestead exemption claimed, that drops to $5,998 — saving $1,612 per year. That's $500 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% | $4,058 |
| Leander | City | 0.4173% | $1,558 |
| Williamson County | County | 0.3694% | $1,379 |
| Austin Community College | special | 0.1034% | $386 |
| Williamson County FM/Rd | County | 0.0443% | $165 |
| Upper Brushy Creek WCID | Water | 0.0170% | $63 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,610 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $440,301 would pay approximately $2,748 per month (principal and interest only, excluding taxes and insurance).