2896 REDWOOD GRV, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $975,935 and $1,171,896, with a best estimate of $993,486. That places the property above the L116425B - LEANDER ESTATES median of $872,889, in a neighborhood that appreciated 312.1% over the past year.
Estimated Value Range
$993,486
$491,353
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $975,935 and $1,171,896. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$100,638 for 390 sqft more living space. Net adjustment: +$100,638.
Adjusted +$50,061 for 194 sqft more living space. Net adjustment: +$50,061.
Adjusted +$11,612 for 45 sqft more living space. Net adjustment: +$11,612.
Adjusted +$105,283 for 408 sqft more living space. Net adjustment: +$105,283.
Adjusted +$19,354 for 75 sqft more living space. Net adjustment: +$19,354.
The Neighborhood
This home is valued 43.7% below the L116425B - LEANDER ESTATES median of $872,889. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 312.1% over the past year.
L116425B - LEANDER ESTATES
below averageThis home is -43.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,016 across all districts. With a homestead exemption claimed, that drops to $8,382 — saving $1,634 per year. That's $699 per month a buyer should budget. The assessed value increased +161.4% vs the subdivision average of +312.1%. This increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,341 |
| Leander | City | 0.4173% | $2,050 |
| Williamson County | County | 0.3694% | $1,815 |
| Austin Community College | special | 0.1034% | $508 |
| Williamson County FM/Rd | County | 0.0443% | $218 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $10,016 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $993,486 would pay approximately $6,201 per month (principal and interest only, excluding taxes and insurance).