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1948 EQUINE RD, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed3 bath3,068 sqftBuilt 2021

Property at a Glance

This home is estimated between $692,063 and $1,122,491, with a best estimate of $778,872. That places the property below the L111620A - BONNET median of $815,012, in a neighborhood that appreciated 4.8% over the past year.

Estimated Value Range

$692,063 $1,122,491
Best Estimate
$778,872
WCAD Value
$706,754
Low Confidence

Based on 5 comparable properties(1 in the same subdivision)

There are 5 comparable properties within range, but few are in L111620A - BONNET. The estimated range of $692,063 and $1,122,491 should be treated as a rough guide.

Comparable Properties (5)

2024 EQUINE RD, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 4 bath 2,327 sqft Built 2021
Raw Value $859,711
Adjusted Value $1,122,491

Adjusted +$262,780 for 741 sqft more living space. Net adjustment: +$262,780.

4 bed 3 bath 3,041 sqft Built 2023
Raw Value $760,013
Adjusted Value $778,872

Adjusted +$9,575 for 27 sqft more living space and +$9,284 for being newer. Net adjustment: +$18,859.

4 bed 3 bath 2,940 sqft Built 2022
Raw Value $745,275
Adjusted Value $795,309

Adjusted +$45,392 for 128 sqft more living space and +$4,642 for being newer. Net adjustment: +$50,034.

4 bed 3 bath 3,206 sqft Built 2023
Raw Value $785,459
Adjusted Value $745,804

Adjusted -$48,939 for 138 sqft less living space and +$9,284 for being newer. Net adjustment: -$39,655.

4 bed 3 bath 2,346 sqft Built 2021
Raw Value $436,021
Adjusted Value $692,063

Adjusted +$256,042 for 722 sqft more living space. Net adjustment: +$256,042.

The Neighborhood

This home is valued 13.3% below the L111620A - BONNET median of $815,012. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 4.8% over the past year.

L111620A - BONNET

typical
110 Properties
$815,012 Median Value
+4.8% YoY Change
0% Have Pool
100% Have Garage
This Home
$706,754
Median
$815,012

This home is -13.3% below the subdivision median.

Tax Analysis

The estimated annual property tax is $14,286 across all districts. With a homestead exemption claimed, that drops to $12,604 — saving $1,682 per year. That's $1,050 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$7,682
LeanderCity0.4173%$2,949
Williamson CountyCounty0.3694%$2,611
Austin Community Collegespecial0.1034%$731
Williamson County FM/RdCounty0.0443%$313
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0214%$14,286

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $778,872 would pay approximately $4,862 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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