216 KING ELDER LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $216,819 and $371,781, with a best estimate of $229,088. 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
$229,088
$371,750
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 $216,819 and $371,781. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$94,758 for 430 sqft less living space. Net adjustment: -$94,758.
Adjusted -$6,170 for 28 sqft less living space. Net adjustment: -$6,170.
Adjusted -$12,341 for 56 sqft less living space. Net adjustment: -$12,341.
Adjusted -$90,351 for 410 sqft less living space and +$1,535 for being newer. Net adjustment: -$88,816.
Adjusted -$110,845 for 503 sqft less living space. Net adjustment: -$110,845.
The Neighborhood
This home is valued 12.8% 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
typicalThis home is +12.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,188 across all districts. With a homestead exemption claimed, that drops to $6,598 — saving $1,590 per year. That's $550 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% | $4,041 |
| Williamson County MUD #13 | MUD | 0.5241% | $1,948 |
| Williamson County | County | 0.3694% | $1,373 |
| Austin Community College | special | 0.1034% | $384 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $277 |
| Williamson County FM/Rd | County | 0.0443% | $165 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.2027% | $8,188 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $229,088 would pay approximately $1,430 per month (principal and interest only, excluding taxes and insurance).