2602 SOCORRO BND, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $376,541 and $431,738, with a best estimate of $389,620. That places the property above the L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal median of $335,878, in a neighborhood that declined 3.4% over the past year.
Estimated Value Range
$389,620
$410,375
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal, this home's estimated market value is between $376,541 and $431,738. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$40,011 for 177 sqft less living space. Net adjustment: -$40,011.
Adjusted +$49,957 for 221 sqft more living space and +$1,279 for being newer. Net adjustment: +$51,236.
Adjusted +$46,566 for 206 sqft more living space and +$3,836 for being newer. Net adjustment: +$50,402.
Adjusted +$40,011 for 177 sqft more living space and +$6,394 for being newer. Net adjustment: +$46,405.
Adjusted -$5,877 for 26 sqft less living space and +$1,279 for being newer. Net adjustment: -$4,598.
The Neighborhood
This home is valued 22.2% above the L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal median of $335,878. With 1,816 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.4% over the past year.
L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal
above averageThis home is +22.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,889 across all districts. With a homestead exemption claimed, that drops to $7,292 — saving $1,597 per year. That's $608 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% | $4,460 |
| Block House MUD | MUD | 0.5450% | $2,237 |
| Williamson County | County | 0.3694% | $1,516 |
| Austin Community College | special | 0.1034% | $424 |
| Williamson County FM/Rd | County | 0.0443% | $182 |
| Upper Brushy Creek WCID | Water | 0.0170% | $70 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1661% | $8,889 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $389,620 would pay approximately $2,432 per month (principal and interest only, excluding taxes and insurance).