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508 KNOT DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

5 bed4 bath1,753 sqftBuilt 2023

Property at a Glance

This home is estimated between $407,227 and $526,889, with a best estimate of $412,702. That places the property below the L223421C - Horizon Lake median of $450,407, in a neighborhood that appreciated 46.4% over the past year.

Estimated Value Range

$407,227 $526,889
Best Estimate
$412,702
WCAD Value
$476,552
Low Confidence

Based on 5 comparable properties(2 in the same subdivision)

There are 5 comparable properties within range, but few are in L223421C - Horizon Lake. The estimated range of $407,227 and $526,889 should be treated as a rough guide.

Comparable Properties (5)

509 KNOT DR, LEANDER, TX 78641
0.04 mi 100% similar Same subdivision
4 bed 3 bath 1,535 sqft Built 2023
Raw Value $453,920
Adjusted Value $526,889

Adjusted +$72,969 for 218 sqft more living space. Net adjustment: +$72,969.

521 KNOT DR, LEANDER, TX 78641
0.04 mi 100% similar Same subdivision
5 bed 4 bath 1,787 sqft Built 2023
Raw Value $477,560
Adjusted Value $466,179

Adjusted -$11,381 for 34 sqft less living space. Net adjustment: -$11,381.

5 bed 3 bath 1,723 sqft Built 2022
Raw Value $416,425
Adjusted Value $411,482

Adjusted +$10,042 for 30 sqft more living space and -$14,985 for being older. Net adjustment: -$4,943.

5 bed 3 bath 1,726 sqft Built 2022
Raw Value $418,650
Adjusted Value $412,702

Adjusted +$9,037 for 27 sqft more living space and -$14,985 for being older. Net adjustment: -$5,948.

6 bed 3 bath 1,743 sqft Built 2022
Raw Value $418,865
Adjusted Value $407,227

Adjusted +$3,347 for 10 sqft more living space and -$14,985 for being older. Net adjustment: -$11,638.

The Neighborhood

This home is valued 5.8% above the L223421C - Horizon Lake median of $450,407. With 289 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 46.4% over the past year.

L223421C - Horizon Lake

typical
289 Properties
$450,407 Median Value
+46.4% YoY Change
0% Have Pool
100% Have Garage
This Home
$476,552
Median
$450,407

This home is +5.8% above the subdivision median.

Tax Analysis

The estimated annual property tax is $9,714 across all districts. With a homestead exemption claimed, that drops to $8,083 — saving $1,631 per year. That's $674 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%$5,180
LeanderCity0.4173%$1,989
Williamson CountyCounty0.3694%$1,761
Austin Community Collegespecial0.1034%$493
Williamson County FM/RdCounty0.0443%$211
Upper Brushy Creek WCIDWater0.0170%$81
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T05)other0.0000%$0
Total Annual Tax2.0384%$9,714

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $412,702 would pay approximately $2,576 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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