1001 FEATHER REED DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $421,538 and $651,929, with a best estimate of $519,621. That places the property below the L423511C - SARITA VALLEY median of $651,405, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$519,621
$512,226
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L423511C - SARITA VALLEY, this home's estimated market value is between $421,538 and $651,929. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$21,572 for 73 sqft less living space and -$11,449 for being older. Net adjustment: -$33,021.
Adjusted +$36,348 for 123 sqft more living space and -$11,449 for being older. Net adjustment: +$24,899.
Adjusted -$144,505 for 489 sqft less living space and +$22,898 for being newer. Net adjustment: -$121,607.
Adjusted -$38,121 for 129 sqft less living space and +$11,449 for being newer. Net adjustment: -$26,672.
Adjusted -$51,714 for 175 sqft less living space and +$22,898 for being newer. Net adjustment: -$28,816.
The Neighborhood
This home is valued 21.4% below the L423511C - SARITA VALLEY median of $651,405. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.9% over the past year.
L423511C - SARITA VALLEY
below averageThis home is -21.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,441 across all districts. With a homestead exemption claimed, that drops to $8,803 — saving $1,638 per year. That's $734 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% | $5,567 |
| Leander | City | 0.4173% | $2,137 |
| Williamson County | County | 0.3694% | $1,892 |
| Austin Community College | special | 0.1034% | $530 |
| Williamson County FM/Rd | County | 0.0443% | $227 |
| Upper Brushy Creek WCID | Water | 0.0170% | $87 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $10,441 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $519,621 would pay approximately $3,243 per month (principal and interest only, excluding taxes and insurance).