506 WASHINGTON SQUARE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $299,892 and $470,560, with a best estimate of $360,858. That places the property above 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
$360,858
$516,740
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L484400G - Horizon Park Sec 1 Thru 7, this home's estimated market value is between $299,892 and $470,560. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$69,876 for 336 sqft less living space. Net adjustment: -$69,876.
Adjusted +$25,580 for 123 sqft more living space. Net adjustment: +$25,580.
Adjusted +$51,783 for 249 sqft more living space. Net adjustment: +$51,783.
Adjusted +$31,611 for 152 sqft more living space. Net adjustment: +$31,611.
Adjusted +$61,350 for 295 sqft more living space. Net adjustment: +$61,350.
The Neighborhood
This home is valued 51.3% above the L484400G - Horizon Park Sec 1 Thru 7 median of $341,538. With 777 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.8% over the past year.
L484400G - Horizon Park Sec 1 Thru 7
outlier highThis home is +51.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,533 across all districts. With a homestead exemption claimed, that drops to $8,894 — saving $1,639 per year. That's $741 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% | $5,616 |
| Leander | City | 0.4173% | $2,156 |
| Williamson County | County | 0.3694% | $1,909 |
| Austin Community College | special | 0.1034% | $534 |
| Williamson County FM/Rd | County | 0.0443% | $229 |
| Upper Brushy Creek WCID | Water | 0.0170% | $88 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $10,533 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $360,858 would pay approximately $2,252 per month (principal and interest only, excluding taxes and insurance).