1508 SOUTHCREEK DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $252,168 and $416,198, with a best estimate of $293,429. That places the property below the L101494H - North Creek Sec 1 & 2 median of $310,157, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$293,429
$281,904
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L101494H - North Creek Sec 1 & 2, this home's estimated market value is between $252,168 and $416,198. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$22,051 for 101 sqft more living space. Net adjustment: +$22,051.
Adjusted +$94,753 for 434 sqft more living space and +$7,925 for being newer. Net adjustment: +$102,678.
Adjusted +$65,934 for 302 sqft more living space and -$5,283 for being older. Net adjustment: +$60,651.
Adjusted +$27,290 for 125 sqft more living space. Net adjustment: +$27,290.
Adjusted -$55,891 for 256 sqft less living space and -$5,283 for being older. Net adjustment: -$61,174.
The Neighborhood
This home is valued 9.1% below the L101494H - North Creek Sec 1 & 2 median of $310,157. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is -9.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,746 across all districts. With a homestead exemption claimed, that drops to $4,152 — saving $1,594 per year. That's $346 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% | $3,064 |
| Leander | City | 0.4173% | $1,176 |
| Williamson County | County | 0.3694% | $1,041 |
| Austin Community College | special | 0.1034% | $291 |
| Williamson County FM/Rd | County | 0.0443% | $125 |
| Upper Brushy Creek WCID | Water | 0.0170% | $48 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,746 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $293,429 would pay approximately $1,832 per month (principal and interest only, excluding taxes and insurance).