2440 DEMORSE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $336,369 and $543,171, with a best estimate of $511,494. That places the property above the L127518C - DEERBROOKE R4 and HOMESTEAD median of $413,745, in a neighborhood that declined 1.1% over the past year.
Estimated Value Range
$511,494
$521,108
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L127518C - DEERBROOKE R4 and HOMESTEAD, this home's estimated market value is between $336,369 and $543,171. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$61,176 for 253 sqft more living space. Net adjustment: +$61,176.
Adjusted -$77,135 for 319 sqft less living space. Net adjustment: -$77,135.
Adjusted -$74,475 for 308 sqft less living space. Net adjustment: -$74,475.
Adjusted +$7,254 for 30 sqft more living space. Net adjustment: +$7,254.
Adjusted +$61,176 for 253 sqft more living space. Net adjustment: +$61,176.
The Neighborhood
This home is valued 25.9% above the L127518C - DEERBROOKE R4 and HOMESTEAD median of $413,745. With 410 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.1% over the past year.
L127518C - DEERBROOKE R4 and HOMESTEAD
above averageThis home is +25.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,533 across all districts. With a homestead exemption claimed, that drops to $8,894 — saving $1,639 per year. That's $741 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% | $5,664 |
| Leander | City | 0.4173% | $2,174 |
| Williamson County | County | 0.3694% | $1,925 |
| Austin Community College | special | 0.1034% | $539 |
| Williamson County FM/Rd | County | 0.0443% | $231 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $10,533 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $511,494 would pay approximately $3,193 per month (principal and interest only, excluding taxes and insurance).