707 ELM CREST, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $168,613 and $309,668, with a best estimate of $276,259. That places the property below the L480494G - Oak Ridge - All Sections median of $348,246, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$276,259
$276,259
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L480494G - Oak Ridge - All Sections, this home's estimated market value is between $168,613 and $309,668. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$65,095 for 303 sqft less living space and -$27,256 for being older and -$50,028 for no garage. Net adjustment: -$142,379.
This comparable closely matches the subject property's features.
Adjusted -$1,947 for being older. Net adjustment: -$1,947.
Adjusted -$36,307 for 169 sqft less living space and -$15,575 for being older and -$50,028 for no garage. Net adjustment: -$101,910.
Adjusted -$32,010 for 149 sqft less living space. Net adjustment: -$32,010.
The Neighborhood
This home is valued 20.7% below the L480494G - Oak Ridge - All Sections median of $348,246. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.3% over the past year.
L480494G - Oak Ridge - All Sections
below averageThis home is -20.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,631 across all districts. With a homestead exemption claimed, that drops to $4,038 — saving $1,593 per year. That's $337 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% | $3,003 |
| Leander | City | 0.4173% | $1,153 |
| Williamson County | County | 0.3694% | $1,021 |
| Austin Community College | special | 0.1034% | $286 |
| Williamson County FM/Rd | County | 0.0443% | $122 |
| Upper Brushy Creek WCID | Water | 0.0170% | $47 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,631 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $276,259 would pay approximately $1,724 per month (principal and interest only, excluding taxes and insurance).