721 MALLOW RD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $415,152 and $722,978, with a best estimate of $551,950. That places the property above the L123515B - BRYSON median of $423,972, in a neighborhood that declined 9.1% over the past year.
Estimated Value Range
$551,950
$396,966
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $415,152 and $722,978. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$92,098 for 421 sqft more living space and -$17,566 for being older. Net adjustment: +$74,532.
Adjusted +$57,753 for 264 sqft more living space and +$8,783 for being newer. Net adjustment: +$66,536.
Adjusted +$61,472 for 281 sqft more living space and -$8,783 for being older. Net adjustment: +$52,689.
Adjusted +$9,844 for 45 sqft more living space and -$17,566 for being older. Net adjustment: -$7,722.
Adjusted -$8,750 for 40 sqft less living space and -$43,916 for being older. Net adjustment: -$52,666.
The Neighborhood
This home is valued 6.4% below the L123515B - BRYSON median of $423,972. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 9.1% over the past year.
L123515B - BRYSON
typicalThis home is -6.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,413 across all districts. With a homestead exemption claimed, that drops to $7,798 — saving $1,615 per year. That's $650 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% | $4,315 |
| Leander | City | 0.4173% | $1,656 |
| Williamson County | County | 0.3694% | $1,467 |
| Leander TODD MUD #1 | MUD | 0.3500% | $1,389 |
| Austin Community College | special | 0.1034% | $410 |
| Williamson County FM/Rd | County | 0.0443% | $176 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.3714% | $9,413 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $551,950 would pay approximately $3,445 per month (principal and interest only, excluding taxes and insurance).