881 PROMINENCE WAY, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $366,516 and $549,834, with a best estimate of $388,892. That places the property below the L129424C - SOUTH BROOK median of $497,161, in a neighborhood that appreciated 304.0% over the past year.
Estimated Value Range
$388,892
$458,047
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L129424C - SOUTH BROOK, this home's estimated market value is between $366,516 and $549,834. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$57,893 for 196 sqft less living space. Net adjustment: -$57,893.
Adjusted +$33,082 for 112 sqft more living space. Net adjustment: +$33,082.
Adjusted +$23,335 for 79 sqft more living space. Net adjustment: +$23,335.
Adjusted -$39,580 for 134 sqft less living space. Net adjustment: -$39,580.
Adjusted +$3,840 for 13 sqft more living space. Net adjustment: +$3,840.
The Neighborhood
This home is valued 7.9% below the L129424C - SOUTH BROOK median of $497,161. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 304.0% over the past year.
L129424C - SOUTH BROOK
typicalThis home is -7.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,337 across all districts. With a homestead exemption claimed, that drops to $7,710 — saving $1,627 per year. That's $643 per month a buyer should budget. The assessed value increased +458.6% vs the subdivision average of +304.0%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $4,979 |
| Leander | City | 0.4173% | $1,911 |
| Williamson County | County | 0.3694% | $1,692 |
| Austin Community College | special | 0.1034% | $474 |
| Williamson County FM/Rd | County | 0.0443% | $203 |
| Upper Brushy Creek WCID | Water | 0.0170% | $78 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $9,337 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $388,892 would pay approximately $2,427 per month (principal and interest only, excluding taxes and insurance).