505 UNITY DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,100,183 and $1,500,741, with a best estimate of $1,171,946. That places the property below the L132614A - REAGANS OVERLOOK median of $1,249,806, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$1,171,946
$1,193,750
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L132614A - REAGANS OVERLOOK, this home's estimated market value is between $1,100,183 and $1,500,741. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$87,800 for 260 sqft less living space. Net adjustment: -$87,800.
Adjusted +$58,083 for 172 sqft more living space. Net adjustment: +$58,083.
Adjusted -$30,055 for 89 sqft less living space. Net adjustment: -$30,055.
Adjusted -$21,275 for 63 sqft less living space and -$12,837 for being older. Net adjustment: -$34,112.
Adjusted +$80,709 for 239 sqft more living space and -$12,837 for being older. Net adjustment: +$67,872.
The Neighborhood
This home is valued 4.5% below the L132614A - REAGANS OVERLOOK median of $1,249,806. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.5% over the past year.
L132614A - REAGANS OVERLOOK
typicalThis home is -4.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $24,333 across all districts. With a homestead exemption claimed, that drops to $22,541 — saving $1,792 per year. That's $1,878 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% | $12,975 |
| Leander | City | 0.4173% | $4,981 |
| Williamson County | County | 0.3694% | $4,410 |
| Austin Community College | special | 0.1034% | $1,234 |
| Williamson County FM/Rd | County | 0.0443% | $529 |
| Upper Brushy Creek WCID | Water | 0.0170% | $203 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $24,333 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,171,946 would pay approximately $7,315 per month (principal and interest only, excluding taxes and insurance).