508 TULA TRL, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $361,377 and $744,590, with a best estimate of $371,881. That places the property below the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607, in a neighborhood that declined 7.4% over the past year.
Estimated Value Range
$371,881
$407,566
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L237416D - MAGNOLIA CREEK SEC 2. The estimated range of $361,377 and $744,590 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$15,214 for 72 sqft more living space. Net adjustment: +$15,214.
Adjusted +$17,749 for 84 sqft more living space and +$4,837 for being newer. Net adjustment: +$22,586.
Adjusted +$18,594 for 88 sqft more living space and +$4,837 for being newer. Net adjustment: +$23,431.
Adjusted -$45,007 for 213 sqft less living space and +$21,768 for being newer. Net adjustment: -$23,239.
Adjusted -$106,284 for 503 sqft less living space and +$21,768 for being newer. Net adjustment: -$84,516.
The Neighborhood
This home is valued 5.7% above the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607. With 274 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.4% over the past year.
L237416D - MAGNOLIA CREEK SEC 2
typicalThis home is +5.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,308 across all districts. With a homestead exemption claimed, that drops to $6,690 — saving $1,618 per year. That's $558 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% | $4,430 |
| Leander | City | 0.4173% | $1,701 |
| Williamson County | County | 0.3694% | $1,506 |
| Austin Community College | special | 0.1034% | $421 |
| Williamson County FM/Rd | County | 0.0443% | $181 |
| Upper Brushy Creek WCID | Water | 0.0170% | $69 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,308 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $371,881 would pay approximately $2,321 per month (principal and interest only, excluding taxes and insurance).