640 PROMISE LAND CT, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $331,918 and $436,779, with a best estimate of $430,962. That places the property below the L112421C - Rosenbusch Ranch median of $487,914, in a neighborhood that appreciated 65.7% over the past year.
Estimated Value Range
$430,962
$475,489
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 $331,918 and $436,779. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$58,982 for 271 sqft less living space. Net adjustment: -$58,982.
Adjusted -$114,916 for 528 sqft less living space. Net adjustment: -$114,916.
Adjusted -$119,487 for 549 sqft less living space. Net adjustment: -$119,487.
Adjusted +$1,741 for 8 sqft more living space and +$15,393 for being newer. Net adjustment: +$17,134.
Adjusted -$47,011 for 216 sqft less living space and +$15,393 for being newer. Net adjustment: -$31,618.
The Neighborhood
This home is valued 2.5% below the L112421C - Rosenbusch Ranch median of $487,914. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 65.7% over the past year.
L112421C - Rosenbusch Ranch
typicalThis home is -2.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,692 across all districts. With a homestead exemption claimed, that drops to $8,062 — saving $1,630 per year. That's $672 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% | $5,168 |
| Leander | City | 0.4173% | $1,984 |
| Williamson County | County | 0.3694% | $1,757 |
| Austin Community College | special | 0.1034% | $492 |
| Williamson County FM/Rd | County | 0.0443% | $211 |
| Upper Brushy Creek WCID | Water | 0.0170% | $81 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $9,692 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $430,962 would pay approximately $2,690 per month (principal and interest only, excluding taxes and insurance).