1544 GLADEWATER WAY, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $275,532 and $495,847, with a best estimate of $445,402. That places the property above the L138420C - DEVINE LAKE R4 median of $418,389, in a neighborhood that appreciated 44.1% over the past year.
Estimated Value Range
$445,402
$352,452
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L138420C - DEVINE LAKE R4, this home's estimated market value is between $275,532 and $495,847. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$22,672 for 104 sqft less living space. Net adjustment: -$22,672.
Adjusted -$113,360 for 520 sqft less living space. Net adjustment: -$113,360.
Adjusted +$70,414 for 323 sqft more living space and +$18 for being newer. Net adjustment: +$70,432.
Adjusted -$13,734 for 63 sqft less living space and +$18 for being newer. Net adjustment: -$13,716.
Adjusted +$83,276 for 382 sqft more living space and +$18 for being newer. Net adjustment: +$83,294.
The Neighborhood
This home is valued 15.8% below the L138420C - DEVINE LAKE R4 median of $418,389. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 44.1% over the past year.
L138420C - DEVINE LAKE R4
below averageThis home is -15.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,184 across all districts. With a homestead exemption claimed, that drops to $5,577 — saving $1,607 per year. That's $465 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% | $3,831 |
| Leander | City | 0.4173% | $1,471 |
| Williamson County | County | 0.3694% | $1,302 |
| Austin Community College | special | 0.1034% | $364 |
| Williamson County FM/Rd | County | 0.0443% | $156 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,184 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $445,402 would pay approximately $2,780 per month (principal and interest only, excluding taxes and insurance).