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506 DEERCREEK LN, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath1,268 sqftBuilt 1995

Property at a Glance

This home is estimated between $261,624 and $365,072, with a best estimate of $276,556. That places the property below the L101494H - North Creek Sec 1 & 2 median of $310,157, in a neighborhood that declined 3.9% over the past year.

Estimated Value Range

$261,624 $365,072
Best Estimate
$276,556
WCAD Value
$272,087
High Confidence

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

Based on 5 comparable properties in L101494H - North Creek Sec 1 & 2, this home's estimated market value is between $261,624 and $365,072. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

508 DEERCREEK LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,411 sqft Built 1996
Raw Value $294,495
Adjusted Value $262,394

Adjusted -$31,220 for 143 sqft less living space and -$881 for being older. Net adjustment: -$32,101.

504 DEERCREEK LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,265 sqft Built 1996
Raw Value $276,782
Adjusted Value $276,556

Adjusted +$655 for 3 sqft more living space and -$881 for being older. Net adjustment: -$226.

510 DEERCREEK LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 2 bath 1,267 sqft Built 1995
Raw Value $355,823
Adjusted Value $356,041

Adjusted +$218 for 1 sqft more living space. Net adjustment: +$218.

502 DEERCREEK LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,415 sqft Built 1995
Raw Value $293,718
Adjusted Value $261,624

Adjusted -$32,094 for 147 sqft less living space. Net adjustment: -$32,094.

507 CLEARCREEK DR, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 951 sqft Built 1996
Raw Value $296,744
Adjusted Value $365,072

Adjusted +$69,209 for 317 sqft more living space and -$881 for being older. Net adjustment: +$68,328.

The Neighborhood

This home is valued 12.3% below the L101494H - North Creek Sec 1 & 2 median of $310,157. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.

L101494H - North Creek Sec 1 & 2

typical
986 Properties
$310,157 Median Value
-3.9% YoY Change
1% Have Pool
97% Have Garage
This Home
$272,087
Median
$310,157

This home is -12.3% below the subdivision median.

Tax Analysis

The estimated annual property tax is $5,546 across all districts. With a homestead exemption claimed, that drops to $3,953 — saving $1,593 per year. That's $329 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%$2,957
LeanderCity0.4173%$1,135
Williamson CountyCounty0.3694%$1,005
Austin Community Collegespecial0.1034%$281
Williamson County FM/RdCounty0.0443%$121
Upper Brushy Creek WCIDWater0.0170%$46
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$5,546

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $276,556 would pay approximately $1,726 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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