1405 REKLAW LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $398,432 and $730,499, with a best estimate of $472,115. That places the property below the L228416E - MASON RANCH KB STANDARD median of $499,802, in a neighborhood that declined 3.1% over the past year.
Estimated Value Range
$472,115
$394,407
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $398,432 and $730,499. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$158,506 for 624 sqft more living space. Net adjustment: +$158,506.
This comparable closely matches the subject property's features.
Adjusted +$243,348 for 958 sqft more living space and -$8,931 for being older. Net adjustment: +$234,417.
Adjusted -$61,726 for 243 sqft less living space and +$89,311 for being newer. Net adjustment: +$27,585.
Adjusted -$42,675 for 168 sqft less living space and +$116,105 for being newer. Net adjustment: +$73,430.
The Neighborhood
This home is valued 21.1% below the L228416E - MASON RANCH KB STANDARD median of $499,802. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.1% over the past year.
L228416E - MASON RANCH KB STANDARD
below averageThis home is -21.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,039 across all districts. With a homestead exemption claimed, that drops to $6,424 — saving $1,615 per year. That's $535 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% | $4,287 |
| Leander | City | 0.4173% | $1,646 |
| Williamson County | County | 0.3694% | $1,457 |
| Austin Community College | special | 0.1034% | $408 |
| Williamson County FM/Rd | County | 0.0443% | $175 |
| Upper Brushy Creek WCID | Water | 0.0170% | $67 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,039 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $472,115 would pay approximately $2,947 per month (principal and interest only, excluding taxes and insurance).