2240 MAGNOLIA HILL DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $373,362 and $574,519, with a best estimate of $385,689. That places the property below the L112421C - Rosenbusch Ranch median of $487,914, in a neighborhood that appreciated 65.7% over the past year.
Estimated Value Range
$385,689
$421,040
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L112421C - Rosenbusch Ranch, this home's estimated market value is between $373,362 and $574,519. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$48,317 for 222 sqft less living space. Net adjustment: -$48,317.
Adjusted -$73,564 for 338 sqft less living space and +$2,565 for being newer. Net adjustment: -$70,999.
Adjusted -$114,046 for 524 sqft less living space. Net adjustment: -$114,046.
Adjusted +$4,353 for 20 sqft more living space. Net adjustment: +$4,353.
Adjusted +$30,470 for 140 sqft more living space. Net adjustment: +$30,470.
The Neighborhood
This home is valued 13.7% below the L112421C - Rosenbusch Ranch median of $487,914. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 65.7% over the past year.
L112421C - Rosenbusch Ranch
typicalThis home is -13.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,582 across all districts. With a homestead exemption claimed, that drops to $6,962 — saving $1,620 per year. That's $580 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% | $4,576 |
| Leander | City | 0.4173% | $1,757 |
| Williamson County | County | 0.3694% | $1,556 |
| Austin Community College | special | 0.1034% | $435 |
| Williamson County FM/Rd | County | 0.0443% | $187 |
| Upper Brushy Creek WCID | Water | 0.0170% | $72 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,582 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $385,689 would pay approximately $2,407 per month (principal and interest only, excluding taxes and insurance).