704 SPRING BROOK LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $267,018 and $311,920, with a best estimate of $305,018. That places the property below the L480494G - Oak Ridge - All Sections median of $348,246, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$305,018
$321,686
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L480494G - Oak Ridge - All Sections. The estimated range of $267,018 and $311,920 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$24,706 for 115 sqft more living space and +$1,947 for being newer. Net adjustment: +$26,653.
Adjusted -$94,097 for 438 sqft less living space and -$3,894 for being older. Net adjustment: -$97,991.
Adjusted +$11,171 for 52 sqft more living space and +$1,947 for being newer. Net adjustment: +$13,118.
Adjusted -$112,358 for 523 sqft less living space and -$1,947 for being older. Net adjustment: -$114,305.
Adjusted +$17,831 for 83 sqft more living space and +$1,947 for being newer. Net adjustment: +$19,778.
The Neighborhood
This home is valued 7.6% below the L480494G - Oak Ridge - All Sections median of $348,246. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.3% over the past year.
L480494G - Oak Ridge - All Sections
typicalThis home is -7.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,557 across all districts. With a homestead exemption claimed, that drops to $4,955 — saving $1,602 per year. That's $413 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% | $3,496 |
| Leander | City | 0.4173% | $1,342 |
| Williamson County | County | 0.3694% | $1,188 |
| Austin Community College | special | 0.1034% | $333 |
| Williamson County FM/Rd | County | 0.0443% | $143 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,557 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $305,018 would pay approximately $1,904 per month (principal and interest only, excluding taxes and insurance).