517 TOPAZ LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $303,553 and $376,870, with a best estimate of $354,822. That places the property below the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607, in a neighborhood that declined 7.4% over the past year.
Estimated Value Range
$354,822
$423,708
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L237416D - MAGNOLIA CREEK SEC 2. The estimated range of $303,553 and $376,870 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$4,015 for 19 sqft more living space and +$9,675 for being newer. Net adjustment: +$13,690.
Adjusted -$54,515 for 258 sqft less living space and +$4,837 for being newer. Net adjustment: -$49,678.
Adjusted -$47,331 for 224 sqft less living space and +$12,093 for being newer. Net adjustment: -$35,238.
Adjusted -$53,248 for 252 sqft less living space and +$9,675 for being newer. Net adjustment: -$43,573.
Adjusted +$9,297 for 44 sqft more living space and -$43,536 for being older. Net adjustment: -$34,239.
The Neighborhood
This home is valued 9.9% above the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607. With 274 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.4% over the past year.
L237416D - MAGNOLIA CREEK SEC 2
typicalThis home is +9.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,637 across all districts. With a homestead exemption claimed, that drops to $7,016 — saving $1,621 per year. That's $585 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% | $4,605 |
| Leander | City | 0.4173% | $1,768 |
| Williamson County | County | 0.3694% | $1,565 |
| Austin Community College | special | 0.1034% | $438 |
| Williamson County FM/Rd | County | 0.0443% | $188 |
| Upper Brushy Creek WCID | Water | 0.0170% | $72 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,637 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $354,822 would pay approximately $2,215 per month (principal and interest only, excluding taxes and insurance).