2303 NICASIO PL, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $576,515 and $947,602, with a best estimate of $739,718. That places the property above the L421509C - CABALLO RANCH median of $665,568, in a neighborhood that declined 1.5% over the past year.
Estimated Value Range
$739,718
$641,675
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L421509C - CABALLO RANCH, this home's estimated market value is between $576,515 and $947,602. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$160,075 for 628 sqft more living space. Net adjustment: +$160,075.
Adjusted -$187,094 for 734 sqft less living space and -$13,844 for being older. Net adjustment: -$200,938.
Adjusted +$35,176 for 138 sqft more living space and -$13,844 for being older. Net adjustment: +$21,332.
Adjusted -$52,509 for 206 sqft less living space. Net adjustment: -$52,509.
Adjusted +$1,529 for 6 sqft more living space and +$13,844 for being newer. Net adjustment: +$15,373.
The Neighborhood
This home is valued 3.6% below the L421509C - CABALLO RANCH median of $665,568. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.5% over the past year.
L421509C - CABALLO RANCH
typicalThis home is -3.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,712 across all districts. With a homestead exemption claimed, that drops to $11,049 — saving $1,663 per year. That's $921 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% | $6,974 |
| Williamson County | County | 0.3694% | $2,371 |
| Cedar Park | City | 0.3600% | $2,310 |
| Austin Community College | special | 0.1034% | $663 |
| Williamson County FM/Rd | County | 0.0443% | $284 |
| Upper Brushy Creek WCID | Water | 0.0170% | $109 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,712 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $739,718 would pay approximately $4,617 per month (principal and interest only, excluding taxes and insurance).