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1501 MOLSON LAKE DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed1,162 sqftBuilt 2003

Property at a Glance

This home is estimated between $246,049 and $432,431, with a best estimate of $264,653. That places the property below the L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal median of $335,878, in a neighborhood that declined 3.4% over the past year.

Estimated Value Range

$246,049 $432,431
Best Estimate
$264,653
WCAD Value
$280,022
High Confidence

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

Based on 5 comparable properties in L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal, this home's estimated market value is between $246,049 and $432,431. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

1501 NETTIE DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,376 sqft Built 2001
Raw Value $309,466
Adjusted Value $263,648

Adjusted -$48,375 for 214 sqft less living space and +$2,557 for being newer. Net adjustment: -$45,818.

1501 CATALINA DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,415 sqft Built 2002
Raw Value $320,565
Adjusted Value $264,653

Adjusted -$57,191 for 253 sqft less living space and +$1,279 for being newer. Net adjustment: -$55,912.

1501 SCOTTSDALE DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 916 sqft Built 2001
Raw Value $368,069
Adjusted Value $426,235

Adjusted +$55,609 for 246 sqft more living space and +$2,557 for being newer. Net adjustment: +$58,166.

1501 ROSSPORT BEND, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,562 sqft Built 2001
Raw Value $333,912
Adjusted Value $246,049

Adjusted -$90,420 for 400 sqft less living space and +$2,557 for being newer. Net adjustment: -$87,863.

1501 MCDOWELL BND, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 2 bath 1,026 sqft Built 2003
Raw Value $401,688
Adjusted Value $432,431

Adjusted +$30,743 for 136 sqft more living space. Net adjustment: +$30,743.

The Neighborhood

This home is valued 16.6% below the L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal median of $335,878. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.4% over the past year.

L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal

below average
1,816 Properties
$335,878 Median Value
-3.4% YoY Change
0% Have Pool
98% Have Garage
This Home
$280,022
Median
$335,878

This home is -16.6% below the subdivision median.

Tax Analysis

The estimated annual property tax is $6,065 across all districts. With a homestead exemption claimed, that drops to $4,492 — saving $1,573 per year. That's $374 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$3,044
Block House MUDMUD0.5450%$1,526
Williamson CountyCounty0.3694%$1,035
Austin Community Collegespecial0.1034%$290
Williamson County FM/RdCounty0.0443%$124
Upper Brushy Creek WCIDWater0.0170%$48
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1661%$6,065

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $264,653 would pay approximately $1,652 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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