120 KING ELDER LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $162,165 and $329,034, with a best estimate of $206,537. That places the property below the L121405G - SUMMERLYNN PULTE & CENTEX median of $329,526, in a neighborhood that declined 4.5% over the past year.
Estimated Value Range
$206,537
$391,553
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L121405G - SUMMERLYNN PULTE & CENTEX, this home's estimated market value is between $162,165 and $329,034. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$105,997 for 481 sqft less living space and +$768 for being newer. Net adjustment: -$105,229.
Adjusted -$177,836 for 807 sqft less living space and +$768 for being newer. Net adjustment: -$177,068.
Adjusted -$125,830 for 571 sqft less living space. Net adjustment: -$125,830.
Adjusted -$115,693 for 525 sqft less living space. Net adjustment: -$115,693.
Adjusted -$46,057 for 209 sqft less living space. Net adjustment: -$46,057.
The Neighborhood
This home is valued 18.8% above the L121405G - SUMMERLYNN PULTE & CENTEX median of $329,526. With 1,278 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.5% over the past year.
L121405G - SUMMERLYNN PULTE & CENTEX
above averageThis home is +18.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,625 across all districts. With a homestead exemption claimed, that drops to $7,031 — saving $1,594 per year. That's $586 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% | $4,256 |
| Williamson County MUD #13 | MUD | 0.5241% | $2,052 |
| Williamson County | County | 0.3694% | $1,447 |
| Austin Community College | special | 0.1034% | $405 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $292 |
| Williamson County FM/Rd | County | 0.0443% | $174 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.2027% | $8,625 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $206,537 would pay approximately $1,289 per month (principal and interest only, excluding taxes and insurance).