1617 MARTIN WELLS ST, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $431,333 and $628,345, with a best estimate of $621,550. That places the property above the L123618C - BRYSON R5 median of $574,858, in a neighborhood that declined 7.1% over the past year.
Estimated Value Range
$621,550
$652,396
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L123618C - BRYSON R5, this home's estimated market value is between $431,333 and $628,345. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$6,722 for 29 sqft more living space. Net adjustment: +$6,722.
Adjusted -$3,940 for 17 sqft less living space. Net adjustment: -$3,940.
Adjusted -$3,940 for 17 sqft less living space and +$4,157 for being newer. Net adjustment: +$217.
Adjusted +$6,722 for 29 sqft more living space. Net adjustment: +$6,722.
Adjusted -$23,874 for 103 sqft less living space and +$4,157 for being newer. Net adjustment: -$19,717.
The Neighborhood
This home is valued 13.5% above the L123618C - BRYSON R5 median of $574,858. With 704 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.1% over the past year.
L123618C - BRYSON R5
typicalThis home is +13.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,471 across all districts. With a homestead exemption claimed, that drops to $13,801 — saving $1,670 per year. That's $1,150 per month a buyer should budget. The assessed value increased -1.2% vs the subdivision average of -7.1%. This above-average increase gives a protest opportunity score of 30 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $7,091 |
| Leander | City | 0.4173% | $2,722 |
| Williamson County | County | 0.3694% | $2,410 |
| Leander TODD MUD #1 | MUD | 0.3500% | $2,283 |
| Austin Community College | special | 0.1034% | $675 |
| Williamson County FM/Rd | County | 0.0443% | $289 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.3714% | $15,471 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $621,550 would pay approximately $3,880 per month (principal and interest only, excluding taxes and insurance).