3408 PRAIRIE HEIGHTS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,027,188 and $1,117,111, with a best estimate of $1,059,632. That places the property below the L132614A - REAGANS OVERLOOK median of $1,249,806, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$1,059,632
$1,141,509
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 $1,027,188 and $1,117,111. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$145,884 for 432 sqft less living space and -$12,837 for being older. Net adjustment: -$158,721.
Adjusted -$12,157 for 36 sqft less living space and -$12,837 for being older. Net adjustment: -$24,994.
Adjusted -$310,003 for 918 sqft less living space and -$12,837 for being older. Net adjustment: -$322,840.
Adjusted -$146,559 for 434 sqft less living space. Net adjustment: -$146,559.
Adjusted -$191,810 for 568 sqft less living space and -$12,837 for being older. Net adjustment: -$204,647.
The Neighborhood
This home is valued 8.7% below the L132614A - REAGANS OVERLOOK median of $1,249,806. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.5% over the past year.
L132614A - REAGANS OVERLOOK
typicalThis home is -8.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $23,074 across all districts. With a homestead exemption claimed, that drops to $21,294 — saving $1,780 per year. That's $1,775 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% | $12,407 |
| Leander | City | 0.4173% | $4,763 |
| Williamson County | County | 0.3694% | $4,217 |
| Austin Community College | special | 0.1034% | $1,180 |
| Williamson County FM/Rd | County | 0.0443% | $506 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $23,074 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,059,632 would pay approximately $6,614 per month (principal and interest only, excluding taxes and insurance).