605 TOPAZ LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $272,533 and $334,187, with a best estimate of $312,140. That places the property below the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607, in a neighborhood that declined 7.4% over the past year.
Estimated Value Range
$312,140
$316,496
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L237416D - MAGNOLIA CREEK SEC 2. The estimated range of $272,533 and $334,187 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$97,198 for 460 sqft less living space and +$4,837 for being newer. Net adjustment: -$92,361.
Adjusted -$38,668 for 183 sqft less living space and +$9,675 for being newer. Net adjustment: -$28,993.
Adjusted -$23,666 for 112 sqft less living space and -$43,536 for being older. Net adjustment: -$67,202.
Adjusted -$95,930 for 454 sqft less living space and +$9,675 for being newer. Net adjustment: -$86,255.
Adjusted -$90,014 for 426 sqft less living space and +$12,093 for being newer. Net adjustment: -$77,921.
The Neighborhood
This home is valued 17.9% below the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.4% over the past year.
L237416D - MAGNOLIA CREEK SEC 2
below averageThis home is -17.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,451 across all districts. With a homestead exemption claimed, that drops to $4,850 — saving $1,601 per year. That's $404 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% | $3,440 |
| Leander | City | 0.4173% | $1,321 |
| Williamson County | County | 0.3694% | $1,169 |
| Austin Community College | special | 0.1034% | $327 |
| Williamson County FM/Rd | County | 0.0443% | $140 |
| Upper Brushy Creek WCID | Water | 0.0170% | $54 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,451 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $312,140 would pay approximately $1,948 per month (principal and interest only, excluding taxes and insurance).