505 GRAY HAWK RDG, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $257,911 and $500,069, with a best estimate of $470,586. That places the property above the L121521G - SUMMELYN PULTE & CENTEX R4'S median of $339,602, in a neighborhood that declined 8.3% over the past year.
Estimated Value Range
$470,586
$313,855
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L121521G - SUMMELYN PULTE & CENTEX R4'S, this home's estimated market value is between $257,911 and $500,069. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$64,369 for 211 sqft less living space. Net adjustment: -$64,369.
Adjusted +$51,556 for 169 sqft more living space. Net adjustment: +$51,556.
Adjusted -$10,067 for 33 sqft less living space. Net adjustment: -$10,067.
Adjusted +$51,556 for 169 sqft more living space. Net adjustment: +$51,556.
Adjusted +$51,556 for 169 sqft more living space. Net adjustment: +$51,556.
The Neighborhood
This home is valued 7.6% below the L121521G - SUMMELYN PULTE & CENTEX R4'S median of $339,602. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.3% over the past year.
L121521G - SUMMELYN PULTE & CENTEX R4'S
typicalThis home is -7.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,742 across all districts. With a homestead exemption claimed, that drops to $5,138 — saving $1,604 per year. That's $428 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% | $3,411 |
| Liberty Hill | City | 0.4694% | $1,473 |
| Williamson County | County | 0.3694% | $1,160 |
| Austin Community College | special | 0.1034% | $325 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $234 |
| Williamson County FM/Rd | County | 0.0443% | $139 |
| Summerlyn West PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T17) | other | 0.0000% | $0 |
| Total Annual Tax | 2.1480% | $6,742 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $470,586 would pay approximately $2,937 per month (principal and interest only, excluding taxes and insurance).