120 RED MULBERRY WAY, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $475,343 and $835,343, with a best estimate of $489,478. That places the property below the I312518B - WHITT RANCH & HIGHLAND OAKS median of $949,111, in a neighborhood that declined 0.3% over the past year.
Estimated Value Range
$489,478
$865,393
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in I312518B - WHITT RANCH & HIGHLAND OAKS. The estimated range of $475,343 and $835,343 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$101,241 for 339 sqft less living space and +$19,999 for being newer. Net adjustment: -$81,242.
Adjusted +$99,449 for 333 sqft more living space and -$19,999 for being older. Net adjustment: +$79,450.
Adjusted +$119,757 for 401 sqft more living space and -$19,999 for being older. Net adjustment: +$99,758.
Adjusted +$120,056 for 402 sqft more living space and -$19,999 for being older. Net adjustment: +$100,057.
Adjusted +$203,378 for 681 sqft more living space and -$19,999 for being older. Net adjustment: +$183,379.
The Neighborhood
This home is valued 8.8% below the I312518B - WHITT RANCH & HIGHLAND OAKS median of $949,111. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.3% over the past year.
I312518B - WHITT RANCH & HIGHLAND OAKS
typicalThis home is -8.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,947 across all districts. With a homestead exemption claimed, that drops to $13,052 — saving $1,895 per year. That's $1,088 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 |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $10,721 |
| Williamson County | County | 0.3694% | $3,197 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $645 |
| Williamson County FM/Rd | County | 0.0443% | $384 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $14,947 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $489,478 would pay approximately $3,055 per month (principal and interest only, excluding taxes and insurance).