2720 HONEYWOOD DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $665,315 and $1,119,177, with a best estimate of $709,369. That places the property below the L117415B - GREATWOOD median of $882,712, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$709,369
$806,640
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L117415B - GREATWOOD, this home's estimated market value is between $665,315 and $1,119,177. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$26,933 for 98 sqft less living space and +$1,459 for being newer. Net adjustment: -$25,474.
Adjusted -$215,192 for 783 sqft less living space. Net adjustment: -$215,192.
Adjusted +$108,833 for 396 sqft more living space and +$4,378 for being newer. Net adjustment: +$113,211.
Adjusted -$214,367 for 780 sqft less living space and -$1,459 for being older. Net adjustment: -$215,826.
Adjusted -$292,419 for 1,064 sqft less living space and +$1,459 for being newer. Net adjustment: -$290,960.
The Neighborhood
This home is valued 8.6% below the L117415B - GREATWOOD median of $882,712. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.7% over the past year.
L117415B - GREATWOOD
typicalThis home is -8.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $16,442 across all districts. With a homestead exemption claimed, that drops to $14,738 — saving $1,704 per year. That's $1,228 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% | $8,767 |
| Leander | City | 0.4173% | $3,366 |
| Williamson County | County | 0.3694% | $2,980 |
| Austin Community College | special | 0.1034% | $834 |
| Williamson County FM/Rd | County | 0.0443% | $358 |
| Upper Brushy Creek WCID | Water | 0.0170% | $137 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $16,442 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $709,369 would pay approximately $4,428 per month (principal and interest only, excluding taxes and insurance).