318 WASHINGTON SQUARE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $301,635 and $460,460, with a best estimate of $306,808. That places the property below the L484400G - Horizon Park Sec 1 Thru 7 median of $341,538, in a neighborhood that declined 3.8% over the past year.
Estimated Value Range
$306,808
$322,315
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 $301,635 and $460,460. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$3,743 for 18 sqft less living space and -$4,395 for being older. Net adjustment: -$8,138.
Adjusted +$87,969 for 423 sqft more living space. Net adjustment: +$87,969.
Adjusted -$23,916 for 115 sqft less living space. Net adjustment: -$23,916.
Adjusted -$6,239 for 30 sqft less living space and +$13,185 for being newer. Net adjustment: +$6,946.
Adjusted -$23,916 for 115 sqft less living space. Net adjustment: -$23,916.
The Neighborhood
This home is valued 5.6% below the L484400G - Horizon Park Sec 1 Thru 7 median of $341,538. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.8% over the past year.
L484400G - Horizon Park Sec 1 Thru 7
typicalThis home is -5.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,570 across all districts. With a homestead exemption claimed, that drops to $4,968 — saving $1,602 per year. That's $414 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% | $3,503 |
| Leander | City | 0.4173% | $1,345 |
| Williamson County | County | 0.3694% | $1,191 |
| 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% | $6,570 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $306,808 would pay approximately $1,915 per month (principal and interest only, excluding taxes and insurance).