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3116 MEDIA DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath2,578 sqftBuilt 2015

Property at a Glance

This home is estimated between $466,324 and $937,723, with a best estimate of $639,742. That places the property below the L421509C - CABALLO RANCH median of $665,568, in a neighborhood that declined 1.5% over the past year.

Estimated Value Range

$466,324 $937,723
Best Estimate
$639,742
WCAD Value
$637,750
Low Confidence

Based on 5 comparable properties(2 in the same subdivision)

There are 5 comparable properties within range, but few are in L421509C - CABALLO RANCH. The estimated range of $466,324 and $937,723 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 2,912 sqft Built 2015
Raw Value $597,290
Adjusted Value $512,155

Adjusted -$85,135 for 334 sqft less living space. Net adjustment: -$85,135.

3 bed 2 bath 2,456 sqft Built 2013
Raw Value $580,956
Adjusted Value $639,742

Adjusted +$31,097 for 122 sqft more living space and +$27,689 for being newer. Net adjustment: +$58,786.

3 bed 2 bath 2,462 sqft Built 2021
Raw Value $519,822
Adjusted Value $466,324

Adjusted +$29,568 for 116 sqft more living space and -$83,066 for being older. Net adjustment: -$53,498.

3003 MEDIA DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 3 bath 2,239 sqft Built 2015
Raw Value $769,729
Adjusted Value $856,139

Adjusted +$86,410 for 339 sqft more living space. Net adjustment: +$86,410.

3118 MEDIA DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 3 bath 2,227 sqft Built 2017
Raw Value $875,944
Adjusted Value $937,723

Adjusted +$89,468 for 351 sqft more living space and -$27,689 for being older. Net adjustment: +$61,779.

The Neighborhood

This home is valued 4.2% below the L421509C - CABALLO RANCH median of $665,568. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.5% over the past year.

L421509C - CABALLO RANCH

typical
418 Properties
$665,568 Median Value
-1.5% YoY Change
1% Have Pool
100% Have Garage
This Home
$637,750
Median
$665,568

This home is -4.2% below the subdivision median.

Tax Analysis

The estimated annual property tax is $12,634 across all districts. With a homestead exemption claimed, that drops to $10,972 — saving $1,662 per year. That's $914 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%$6,932
Williamson CountyCounty0.3694%$2,356
Cedar ParkCity0.3600%$2,296
Austin Community Collegespecial0.1034%$659
Williamson County FM/RdCounty0.0443%$283
Upper Brushy Creek WCIDWater0.0170%$108
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.9811%$12,634

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $639,742 would pay approximately $3,993 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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