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1940 MUHLY BUSH BND, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed2 bath1,573 sqftBuilt 2017

Property at a Glance

This home is estimated between $333,429 and $611,781, with a best estimate of $497,786. That places the property below the L123618C - BRYSON R5 median of $574,858, in a neighborhood that declined 7.1% over the past year.

Estimated Value Range

$333,429 $611,781
Best Estimate
$497,786
WCAD Value
$507,826
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in L123618C - BRYSON R5, this home's estimated market value is between $333,429 and $611,781. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

1936 MUHLY BUSH BND, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
4 bed 3 bath 1,696 sqft Built 2019
Raw Value $532,393
Adjusted Value $512,197

Adjusted -$28,510 for 123 sqft less living space and +$8,314 for being newer. Net adjustment: -$20,196.

2000 MUHLY BUSH BND, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 2,021 sqft Built 2016
Raw Value $441,428
Adjusted Value $333,429

Adjusted -$103,842 for 448 sqft less living space and -$4,157 for being older. Net adjustment: -$107,999.

1932 MUHLY BUSH BND, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 3 bath 1,205 sqft Built 2018
Raw Value $522,325
Adjusted Value $611,781

Adjusted +$85,299 for 368 sqft more living space and +$4,157 for being newer. Net adjustment: +$89,456.

2004 MUHLY BUSH BND, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 2 bath 1,695 sqft Built 2017
Raw Value $526,064
Adjusted Value $497,786

Adjusted -$28,278 for 122 sqft less living space. Net adjustment: -$28,278.

1928 MUHLY BUSH BND, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
4 bed 3 bath 1,738 sqft Built 2017
Raw Value $529,267
Adjusted Value $491,022

Adjusted -$38,245 for 165 sqft less living space. Net adjustment: -$38,245.

The Neighborhood

This home is valued 11.7% below the L123618C - BRYSON R5 median of $574,858. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.1% over the past year.

L123618C - BRYSON R5

typical
704 Properties
$574,858 Median Value
-7.1% YoY Change
0% Have Pool
100% Have Garage
This Home
$507,826
Median
$574,858

This home is -11.7% below the subdivision median.

Tax Analysis

The estimated annual property tax is $12,042 across all districts. With a homestead exemption claimed, that drops to $10,406 — saving $1,636 per year. That's $867 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$5,520
LeanderCity0.4173%$2,119
Williamson CountyCounty0.3694%$1,876
Leander TODD MUD #1MUD0.3500%$1,777
Austin Community Collegespecial0.1034%$525
Williamson County FM/RdCounty0.0443%$225
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T05)other0.0000%$0
Total Annual Tax2.3714%$12,042

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $497,786 would pay approximately $3,107 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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