2405 BRANDING IRON LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $339,487 and $653,934, with a best estimate of $477,510. That places the property above the L250501E - LAKELINE RANCH median of $433,223, in a neighborhood that appreciated 0.2% over the past year.
Estimated Value Range
$477,510
$487,274
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 $339,487 and $653,934. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$78,014 for 359 sqft more living space and -$5,195 for being older. Net adjustment: +$72,819.
Adjusted +$198,403 for 913 sqft more living space and -$5,195 for being older. Net adjustment: +$193,208.
Adjusted +$76,710 for 353 sqft more living space. Net adjustment: +$76,710.
Adjusted -$4,998 for 23 sqft less living space and -$51,952 for being older. Net adjustment: -$56,950.
Adjusted +$31,292 for 144 sqft more living space and -$83,124 for being older. Net adjustment: -$51,832.
The Neighborhood
This home is valued 12.5% above the L250501E - LAKELINE RANCH median of $433,223. With 546 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 0.2% over the past year.
L250501E - LAKELINE RANCH
typicalThis home is +12.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,932 across all districts. With a homestead exemption claimed, that drops to $8,300 — saving $1,632 per year. That's $692 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% | $5,296 |
| Leander | City | 0.4173% | $2,033 |
| Williamson County | County | 0.3694% | $1,800 |
| Austin Community College | special | 0.1034% | $504 |
| Williamson County FM/Rd | County | 0.0443% | $216 |
| Upper Brushy Creek WCID | Water | 0.0170% | $83 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $9,932 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $477,510 would pay approximately $2,981 per month (principal and interest only, excluding taxes and insurance).