117 GROESBECK LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $423,013 and $584,837, with a best estimate of $486,943. 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
$486,943
$488,642
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $423,013 and $584,837. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$60,739 for 220 sqft less living space and +$95,840 for being newer. Net adjustment: +$35,101.
Adjusted +$30,369 for 110 sqft more living space and +$59,900 for being newer. Net adjustment: +$90,269.
Adjusted -$13,252 for 48 sqft less living space. Net adjustment: -$13,252.
Adjusted -$1,380 for 5 sqft less living space. Net adjustment: -$1,380.
Adjusted +$33,682 for 122 sqft more living space and -$11,980 for being older. Net adjustment: +$21,702.
The Neighborhood
This home is valued 24.8% 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 +24.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,356 across all districts. With a homestead exemption claimed, that drops to $10,744 — 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% | $5,311 |
| Williamson County MUD #32 | MUD | 0.8500% | $4,153 |
| Williamson County | County | 0.3694% | $1,805 |
| Austin Community College | special | 0.1034% | $505 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $364 |
| Williamson County FM/Rd | County | 0.0443% | $217 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.5286% | $12,356 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $486,943 would pay approximately $3,039 per month (principal and interest only, excluding taxes and insurance).