1505 PARKWOOD DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $256,577 and $308,695, with a best estimate of $264,554. That places the property below the L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek median of $307,845, in a neighborhood that declined 8.7% over the past year.
Estimated Value Range
$264,554
$258,573
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek. The estimated range of $256,577 and $308,695 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$3,084 for 14 sqft less living space and -$14,348 for being older. Net adjustment: -$17,432.
Adjusted -$11,896 for 54 sqft less living space and -$8,199 for being older. Net adjustment: -$20,095.
Adjusted -$45,600 for 207 sqft less living space and +$4,099 for being newer. Net adjustment: -$41,501.
Adjusted -$37,229 for 169 sqft less living space and -$10,249 for being older. Net adjustment: -$47,478.
Adjusted -$19,165 for 87 sqft less living space and -$2,050 for being older. Net adjustment: -$21,215.
The Neighborhood
This home is valued 16.0% below the L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek median of $307,845. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.7% over the past year.
L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek
below averageThis home is -16.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,271 across all districts. With a homestead exemption claimed, that drops to $3,680 — saving $1,591 per year. That's $307 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% | $2,810 |
| Leander | City | 0.4173% | $1,079 |
| Williamson County | County | 0.3694% | $955 |
| Austin Community College | special | 0.1034% | $267 |
| Williamson County FM/Rd | County | 0.0443% | $115 |
| Upper Brushy Creek WCID | Water | 0.0170% | $44 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,271 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $264,554 would pay approximately $1,651 per month (principal and interest only, excluding taxes and insurance).