400 FORESAIL RD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $74,260 and $382,798, with a best estimate of $240,499. That places the property below the L223421C - Horizon Lake median of $450,407, in a neighborhood that appreciated 46.4% over the past year.
Estimated Value Range
$240,499
$232,694
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 $74,260 and $382,798. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$41,840 for 125 sqft more living space and -$29,969 for being older. Net adjustment: +$11,871.
Adjusted -$33,807 for 101 sqft less living space and -$104,893 for being older. Net adjustment: -$138,700.
Adjusted -$211,544 for 632 sqft less living space and -$44,954 for being older. Net adjustment: -$256,498.
Adjusted +$45,857 for 137 sqft more living space and -$344,647 for being older. Net adjustment: -$298,790.
Adjusted -$211,544 for 632 sqft less living space and -$29,969 for being older. Net adjustment: -$241,513.
The Neighborhood
This home is valued 48.3% below the L223421C - Horizon Lake median of $450,407. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 46.4% over the past year.
L223421C - Horizon Lake
below averageThis home is -48.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,743 across all districts. With a homestead exemption claimed, that drops to $3,158 — saving $1,585 per year. That's $263 per month a buyer should budget. The assessed value increased +98.9% vs the subdivision average of +46.4%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $2,529 |
| Leander | City | 0.4173% | $971 |
| Williamson County | County | 0.3694% | $860 |
| Austin Community College | special | 0.1034% | $241 |
| Williamson County FM/Rd | County | 0.0443% | $103 |
| Upper Brushy Creek WCID | Water | 0.0170% | $40 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $4,743 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $240,499 would pay approximately $1,501 per month (principal and interest only, excluding taxes and insurance).