506 OSAGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $186,822 and $292,523, with a best estimate of $206,448. That places the property below the L215483H - County Glen & Hernando's Hideaway median of $302,265, in a neighborhood that declined 2.2% over the past year.
Estimated Value Range
$206,448
$221,296
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 $186,822 and $292,523. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$51,522 for 235 sqft less living space and +$9,450 for being newer. Net adjustment: -$42,072.
Adjusted -$65,115 for 297 sqft less living space and -$33,074 for being older. Net adjustment: -$98,189.
Adjusted -$42,971 for 196 sqft less living space and -$11,812 for being older. Net adjustment: -$54,783.
Adjusted -$103,920 for 474 sqft less living space and -$49,611 for being older. Net adjustment: -$153,531.
Adjusted -$31,571 for 144 sqft less living space and -$47,249 for being older. Net adjustment: -$78,820.
The Neighborhood
This home is valued 26.8% below the L215483H - County Glen & Hernando's Hideaway median of $302,265. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.2% over the past year.
L215483H - County Glen & Hernando's Hideaway
below averageThis home is -26.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,511 across all districts. With a homestead exemption claimed, that drops to $2,927 — saving $1,584 per year. That's $244 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% | $2,405 |
| Leander | City | 0.4173% | $923 |
| Williamson County | County | 0.3694% | $818 |
| Austin Community College | special | 0.1034% | $229 |
| Williamson County FM/Rd | County | 0.0443% | $98 |
| Upper Brushy Creek WCID | Water | 0.0170% | $38 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $4,511 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $206,448 would pay approximately $1,289 per month (principal and interest only, excluding taxes and insurance).