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500 CR 281, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath1,792 sqftBuilt 1995

Property at a Glance

This home is estimated between $266,290 and $441,454, with a best estimate of $317,641. That places the property below the I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN median of $800,627, in a neighborhood that appreciated 16.3% over the past year.

Estimated Value Range

$266,290 $441,454
Best Estimate
$317,641
WCAD Value
$426,772
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN. The estimated range of $266,290 and $441,454 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,817 sqft Built 2014
Raw Value $346,163
Adjusted Value $312,866

Adjusted -$9,805 for 25 sqft less living space and -$23,492 for being older. Net adjustment: -$33,297.

3 bed 2 bath 1,801 sqft Built 2016
Raw Value $348,450
Adjusted Value $318,955

Adjusted -$3,530 for 9 sqft less living space and -$25,965 for being older. Net adjustment: -$29,495.

3 bed 2 bath 1,805 sqft Built 2016
Raw Value $348,705
Adjusted Value $317,641

Adjusted -$5,099 for 13 sqft less living space and -$25,965 for being older. Net adjustment: -$31,064.

505 SUSAN LN, LEANDER, TX 78641
0.00 mi 96% similar
3 bed 2 bath 1,517 sqft Built 1985
Raw Value $321,232
Adjusted Value $441,454

Adjusted +$107,858 for 275 sqft more living space and +$12,364 for being newer. Net adjustment: +$120,222.

3 bed 2 bath 2,301 sqft Built 2000
Raw Value $472,108
Adjusted Value $266,290

Adjusted -$199,636 for 509 sqft less living space and -$6,182 for being older. Net adjustment: -$205,818.

The Neighborhood

This home is valued 46.7% below the I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN median of $800,627. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 16.3% over the past year.

I035D95E - LH ISD - South HWY 29 / WEST OF RONALD REAGAN

below average
583 Properties
$800,627 Median Value
+16.3% YoY Change
4% Have Pool
39% Have Garage
This Home
$426,772
Median
$800,627

This home is -46.7% below the subdivision median.

Tax Analysis

The estimated annual property tax is $5,154 across all districts. With a homestead exemption claimed, that drops to $3,364 — saving $1,790 per year. That's $280 per month a buyer should budget. The assessed value increased +55.7% vs the subdivision average of +16.3%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Liberty Hill ISDSchool1.2389%$3,697
Williamson CountyCounty0.3694%$1,102
Williamson County ESD #4 - Liberty HillESD0.0745%$222
Williamson County FM/RdCounty0.0443%$132
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7272%$5,154
100 / 100

There may be a strong case to protest this appraisal.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $317,641 would pay approximately $1,983 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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