118 GROESBECK LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $424,394 and $634,140, with a best estimate of $490,022. That places the property above the L109517C - LARKSPUR R4 median of $391,558, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$490,022
$488,323
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 $424,394 and $634,140. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$4,970 for 18 sqft less living space and -$11,980 for being older. Net adjustment: -$16,950.
Adjusted +$1,380 for 5 sqft more living space. Net adjustment: +$1,380.
Adjusted -$39,480 for 143 sqft less living space and +$71,880 for being newer. Net adjustment: +$32,400.
Adjusted -$59,358 for 215 sqft less living space and +$95,840 for being newer. Net adjustment: +$36,482.
Adjusted -$11,872 for 43 sqft less living space. Net adjustment: -$11,872.
The Neighborhood
This home is valued 24.7% above the L109517C - LARKSPUR R4 median of $391,558. With 1,660 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.7% over the past year.
L109517C - LARKSPUR R4
above averageThis home is +24.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,348 across all districts. With a homestead exemption claimed, that drops to $10,736 — saving $1,612 per year. That's $895 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% | $5,308 |
| Williamson County MUD #32 | MUD | 0.8500% | $4,151 |
| Williamson County | County | 0.3694% | $1,804 |
| Austin Community College | special | 0.1034% | $505 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $364 |
| Williamson County FM/Rd | County | 0.0443% | $216 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.5286% | $12,348 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $490,022 would pay approximately $3,059 per month (principal and interest only, excluding taxes and insurance).