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421 RED MATADOR LN, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath1,813 sqftBuilt 2019

Property at a Glance

This home is estimated between $334,807 and $402,857, with a best estimate of $392,115. That places the property above the L109517C - LARKSPUR R4 median of $391,558, in a neighborhood that declined 1.7% over the past year.

Estimated Value Range

$334,807 $402,857
Best Estimate
$392,115
WCAD Value
$374,460
High Confidence

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

Based on 5 comparable properties in L109517C - LARKSPUR R4, this home's estimated market value is between $334,807 and $402,857. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

417 RED MATADOR LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
4 bed 2 bath 2,021 sqft Built 2019
Raw Value $392,233
Adjusted Value $334,807

Adjusted -$57,426 for 208 sqft less living space. Net adjustment: -$57,426.

425 RED MATADOR LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,517 sqft Built 2019
Raw Value $321,136
Adjusted Value $402,857

Adjusted +$81,721 for 296 sqft more living space. Net adjustment: +$81,721.

429 RED MATADOR LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,742 sqft Built 2018
Raw Value $360,533
Adjusted Value $392,115

Adjusted +$19,602 for 71 sqft more living space and +$11,980 for being newer. Net adjustment: +$31,582.

413 RED MATADOR LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 2 bath 1,791 sqft Built 2019
Raw Value $391,854
Adjusted Value $397,928

Adjusted +$6,074 for 22 sqft more living space. Net adjustment: +$6,074.

409 RED MATADOR LN, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,720 sqft Built 2019
Raw Value $355,756
Adjusted Value $381,432

Adjusted +$25,676 for 93 sqft more living space. Net adjustment: +$25,676.

The Neighborhood

This home is valued 4.4% below the L109517C - LARKSPUR R4 median of $391,558. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.7% over the past year.

L109517C - LARKSPUR R4

typical
1,660 Properties
$391,558 Median Value
-1.7% YoY Change
0% Have Pool
100% Have Garage
This Home
$374,460
Median
$391,558

This home is -4.4% below the subdivision median.

Tax Analysis

The estimated annual property tax is $9,468 across all districts. With a homestead exemption claimed, that drops to $7,878 — saving $1,590 per year. That's $657 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%$4,070
Williamson County MUD #32MUD0.8500%$3,183
Williamson CountyCounty0.3694%$1,383
Austin Community Collegespecial0.1034%$387
Williamson County ESD #4 - Liberty HillESD0.0745%$279
Williamson County FM/RdCounty0.0443%$166
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.5286%$9,468

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $392,115 would pay approximately $2,448 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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