505 TULA TRL, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $343,627 and $390,010, with a best estimate of $354,132. That places the property below the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607, in a neighborhood that declined 7.4% over the past year.
Estimated Value Range
$354,132
$352,459
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L237416D - MAGNOLIA CREEK SEC 2. The estimated range of $343,627 and $390,010 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$2,536 for 12 sqft less living space. Net adjustment: -$2,536.
Adjusted -$17,749 for 84 sqft less living space. Net adjustment: -$17,749.
Adjusted +$4,837 for being newer. Net adjustment: +$4,837.
Adjusted +$845 for 4 sqft more living space and +$4,837 for being newer. Net adjustment: +$5,682.
Adjusted -$62,756 for 297 sqft less living space and +$21,768 for being newer. Net adjustment: -$40,988.
The Neighborhood
This home is valued 8.6% below the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.4% over the past year.
L237416D - MAGNOLIA CREEK SEC 2
typicalThis home is -8.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,184 across all districts. With a homestead exemption claimed, that drops to $5,577 — saving $1,607 per year. That's $465 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% | $3,831 |
| Leander | City | 0.4173% | $1,471 |
| Williamson County | County | 0.3694% | $1,302 |
| Austin Community College | special | 0.1034% | $364 |
| Williamson County FM/Rd | County | 0.0443% | $156 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,184 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $354,132 would pay approximately $2,210 per month (principal and interest only, excluding taxes and insurance).