137 MICHAELIS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $187,473 and $346,080, with a best estimate of $322,330. That places the property above the L243418E - Village at Leander Station median of $299,085, in a neighborhood that declined 10.2% over the past year.
Estimated Value Range
$322,330
$322,836
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L243418E - Village at Leander Station, this home's estimated market value is between $187,473 and $346,080. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$973 for 5 sqft less living space. Net adjustment: -$973.
This comparable closely matches the subject property's features.
Adjusted +$1,751 for 9 sqft more living space. Net adjustment: +$1,751.
Adjusted -$75,112 for 386 sqft less living space. Net adjustment: -$75,112.
Adjusted -$115,197 for 592 sqft less living space and +$4,058 for being newer. Net adjustment: -$111,139.
The Neighborhood
This home is valued 7.9% above the L243418E - Village at Leander Station median of $299,085. With 77 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 10.2% over the past year.
L243418E - Village at Leander Station
typicalThis home is +7.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,581 across all districts. With a homestead exemption claimed, that drops to $4,978 — saving $1,603 per year. That's $415 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% | $3,509 |
| Leander | City | 0.4173% | $1,347 |
| Williamson County | County | 0.3694% | $1,193 |
| Austin Community College | special | 0.1034% | $334 |
| Williamson County FM/Rd | County | 0.0443% | $143 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,581 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $322,330 would pay approximately $2,012 per month (principal and interest only, excluding taxes and insurance).