1503 PARKWOOD DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $233,492 and $388,812, with a best estimate of $306,494. That places the property below the L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek median of $307,845, in a neighborhood that declined 8.7% over the past year.
Estimated Value Range
$306,494
$344,650
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek. The estimated range of $233,492 and $388,812 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$9,252 for 42 sqft less living space and +$16,398 for being newer. Net adjustment: +$7,146.
Adjusted +$110,366 for 501 sqft more living space and -$2,050 for being older. Net adjustment: +$108,316.
Adjusted -$8,151 for 37 sqft less living space and +$2,050 for being newer. Net adjustment: -$6,101.
Adjusted -$2,643 for 12 sqft less living space and +$16,398 for being newer. Net adjustment: +$13,755.
Adjusted -$9,913 for 45 sqft less living space and -$14,348 for being older. Net adjustment: -$24,261.
The Neighborhood
This home is valued 12.0% above the L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek median of $307,845. With 691 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.7% over the past year.
L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek
typicalThis home is +12.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,025 across all districts. With a homestead exemption claimed, that drops to $5,419 — saving $1,606 per year. That's $452 per month a buyer should budget. The assessed value increased -1.7% vs the subdivision average of -8.7%. This above-average increase gives a protest opportunity score of 35 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,746 |
| Leander | City | 0.4173% | $1,438 |
| Williamson County | County | 0.3694% | $1,273 |
| Austin Community College | special | 0.1034% | $356 |
| Williamson County FM/Rd | County | 0.0443% | $153 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,025 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $306,494 would pay approximately $1,913 per month (principal and interest only, excluding taxes and insurance).