517 LEEWARD PASS, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $503,504 and $810,553, with a best estimate of $601,055. That places the property below the L222421C - HORIZON LAKE R5 median of $645,588, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$601,055
$545,917
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L222421C - HORIZON LAKE R5, this home's estimated market value is between $503,504 and $810,553. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$110,285 for 325 sqft more living space. Net adjustment: +$110,285.
Adjusted +$86,871 for 256 sqft more living space. Net adjustment: +$86,871.
Adjusted -$25,790 for 76 sqft less living space. Net adjustment: -$25,790.
Adjusted +$153,721 for 453 sqft more living space. Net adjustment: +$153,721.
Adjusted -$21,039 for 62 sqft less living space. Net adjustment: -$21,039.
The Neighborhood
This home is valued 15.4% below the L222421C - HORIZON LAKE R5 median of $645,588. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.7% over the past year.
L222421C - HORIZON LAKE R5
below averageThis home is -15.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,128 across all districts. With a homestead exemption claimed, that drops to $9,482 — saving $1,646 per year. That's $790 per month a buyer should budget. The assessed value increased +6.6% vs the subdivision average of -0.7%. This above-average increase gives a protest opportunity score of 52 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,934 |
| Leander | City | 0.4173% | $2,278 |
| Williamson County | County | 0.3694% | $2,017 |
| Austin Community College | special | 0.1034% | $564 |
| Williamson County FM/Rd | County | 0.0443% | $242 |
| Upper Brushy Creek WCID | Water | 0.0170% | $93 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $11,128 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $601,055 would pay approximately $3,752 per month (principal and interest only, excluding taxes and insurance).