2005 GARRISON DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $271,515 and $337,369, with a best estimate of $312,070. That places the property below the L484400G - Horizon Park Sec 1 Thru 7 median of $341,538, in a neighborhood that declined 3.8% over the past year.
Estimated Value Range
$312,070
$313,096
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L484400G - Horizon Park Sec 1 Thru 7. The estimated range of $271,515 and $337,369 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$16,429 for 79 sqft more living space. Net adjustment: +$16,429.
Adjusted +$8,527 for 41 sqft more living space and +$30,764 for being newer. Net adjustment: +$39,291.
Adjusted -$24,540 for 118 sqft less living space and -$13,185 for being older. Net adjustment: -$37,725.
Adjusted -$28,283 for 136 sqft less living space. Net adjustment: -$28,283.
Adjusted -$2,288 for 11 sqft less living space and -$8,790 for being older. Net adjustment: -$11,078.
The Neighborhood
This home is valued 8.3% below the L484400G - Horizon Park Sec 1 Thru 7 median of $341,538. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.8% over the past year.
L484400G - Horizon Park Sec 1 Thru 7
typicalThis home is -8.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,382 across all districts. With a homestead exemption claimed, that drops to $4,782 — saving $1,600 per year. That's $399 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% | $3,403 |
| Leander | City | 0.4173% | $1,306 |
| Williamson County | County | 0.3694% | $1,157 |
| Austin Community College | special | 0.1034% | $324 |
| Williamson County FM/Rd | County | 0.0443% | $139 |
| Upper Brushy Creek WCID | Water | 0.0170% | $53 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,382 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $312,070 would pay approximately $1,948 per month (principal and interest only, excluding taxes and insurance).