507 DEERCREEK LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $149,270 and $296,919, with a best estimate of $195,172. That places the property below the L101494H - North Creek Sec 1 & 2 median of $310,157, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$195,172
$438,701
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L101494H - North Creek Sec 1 & 2, this home's estimated market value is between $149,270 and $296,919. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$60,912 for 279 sqft less living space and -$8,805 for being older. Net adjustment: -$69,717.
Adjusted -$144,094 for 660 sqft less living space. Net adjustment: -$144,094.
Adjusted -$5,240 for 24 sqft less living space and -$9,686 for being older. Net adjustment: -$14,926.
Adjusted -$68,990 for 316 sqft less living space and -$7,925 for being older. Net adjustment: -$76,915.
Adjusted -$79,252 for 363 sqft less living space and -$9,686 for being older. Net adjustment: -$88,938.
The Neighborhood
This home is valued 41.4% above the L101494H - North Creek Sec 1 & 2 median of $310,157. With 986 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
above averageThis home is +41.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,942 across all districts. With a homestead exemption claimed, that drops to $7,319 — saving $1,623 per year. That's $610 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% | $4,768 |
| Leander | City | 0.4173% | $1,831 |
| Williamson County | County | 0.3694% | $1,621 |
| Austin Community College | special | 0.1034% | $454 |
| Williamson County FM/Rd | County | 0.0443% | $194 |
| Upper Brushy Creek WCID | Water | 0.0170% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,942 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $195,172 would pay approximately $1,218 per month (principal and interest only, excluding taxes and insurance).