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507 HOOT OWL LN S, LEANDER, TX 78641

LEANDER, 78641 — williamson County

5 bed3 bath1,618 sqftBuilt 2019

Property at a Glance

This home is estimated between $307,268 and $430,444, with a best estimate of $329,222. That places the property below the L121405G - SUMMERLYNN PULTE & CENTEX median of $329,526, in a neighborhood that declined 4.5% over the past year.

Estimated Value Range

$307,268 $430,444
Best Estimate
$329,222
WCAD Value
$425,915
High Confidence

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

Based on 5 comparable properties in L121405G - SUMMERLYNN PULTE & CENTEX, this home's estimated market value is between $307,268 and $430,444. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

116 KING ELDER LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 1,621 sqft Built 2014
Raw Value $333,721
Adjusted Value $329,222

Adjusted -$661 for 3 sqft less living space and -$3,838 for being older. Net adjustment: -$4,499.

519 HOOT OWL LN S, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
4 bed 2 bath 1,408 sqft Built 2015
Raw Value $387,237
Adjusted Value $430,444

Adjusted +$46,277 for 210 sqft more living space and -$3,070 for being older. Net adjustment: +$43,207.

108 KING ELDER LN, LEANDER, TX 78641
0.04 mi 100% similar Same subdivision
3 bed 2 bath 1,665 sqft Built 2013
Raw Value $322,230
Adjusted Value $307,268

Adjusted -$10,357 for 47 sqft less living space and -$4,605 for being older. Net adjustment: -$14,962.

512 HOOT OWL LN S, LEANDER, TX 78641
0.04 mi 100% similar Same subdivision
5 bed 3 bath 1,762 sqft Built 2023
Raw Value $420,243
Adjusted Value $391,580

Adjusted -$31,733 for 144 sqft less living space and +$3,070 for being newer. Net adjustment: -$28,663.

516 HOOT OWL LN S, LEANDER, TX 78641
0.04 mi 100% similar Same subdivision
3 bed 2 bath 1,621 sqft Built 2014
Raw Value $319,760
Adjusted Value $315,261

Adjusted -$661 for 3 sqft less living space and -$3,838 for being older. Net adjustment: -$4,499.

The Neighborhood

This home is valued 29.3% above the L121405G - SUMMERLYNN PULTE & CENTEX median of $329,526. With 1,278 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.5% over the past year.

L121405G - SUMMERLYNN PULTE & CENTEX

above average
1,278 Properties
$329,526 Median Value
-4.5% YoY Change
1% Have Pool
100% Have Garage
This Home
$425,915
Median
$329,526

This home is +29.3% above the subdivision median.

Tax Analysis

The estimated annual property tax is $9,382 across all districts. With a homestead exemption claimed, that drops to $7,781 — saving $1,601 per year. That's $648 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%$4,629
Williamson County MUD #13MUD0.5241%$2,232
Williamson CountyCounty0.3694%$1,574
Austin Community Collegespecial0.1034%$440
Williamson County ESD #4 - Liberty HillESD0.0745%$317
Williamson County FM/RdCounty0.0443%$189
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.2027%$9,382

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $329,222 would pay approximately $2,055 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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