3505 PRAIRIE HEIGHTS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,340,421 and $1,560,753, with a best estimate of $1,403,910. That places the property above the L132614A - REAGANS OVERLOOK median of $1,249,806, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$1,403,910
$1,490,976
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L132614A - REAGANS OVERLOOK, this home's estimated market value is between $1,340,421 and $1,560,753. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$112,114 for 332 sqft more living space and -$25,673 for being older. Net adjustment: +$86,441.
Adjusted +$69,565 for 206 sqft more living space and +$12,837 for being newer. Net adjustment: +$82,402.
Adjusted +$15,196 for 45 sqft more living space and -$25,673 for being older. Net adjustment: -$10,477.
Adjusted +$140,143 for 415 sqft more living space and -$25,673 for being older. Net adjustment: +$114,470.
Adjusted +$11,144 for 33 sqft more living space and +$12,837 for being newer. Net adjustment: +$23,981.
The Neighborhood
This home is valued 19.3% above the L132614A - REAGANS OVERLOOK median of $1,249,806. With 195 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.5% over the past year.
L132614A - REAGANS OVERLOOK
above averageThis home is +19.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $30,138 across all districts. With a homestead exemption claimed, that drops to $28,279 — saving $1,859 per year. That's $2,357 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% | $16,205 |
| Leander | City | 0.4173% | $6,222 |
| Williamson County | County | 0.3694% | $5,508 |
| Austin Community College | special | 0.1034% | $1,542 |
| Williamson County FM/Rd | County | 0.0443% | $661 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $30,138 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,403,910 would pay approximately $8,763 per month (principal and interest only, excluding taxes and insurance).