1407 MOUNTAIN SPRING LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $225,989 and $287,489, with a best estimate of $283,562. 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
$283,562
$289,622
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $225,989 and $287,489. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$4,585 for 21 sqft more living space and +$881 for being newer. Net adjustment: +$5,466.
Adjusted -$98,682 for 452 sqft less living space. Net adjustment: -$98,682.
Adjusted -$60,694 for 278 sqft less living space and +$881 for being newer. Net adjustment: -$59,813.
Adjusted +$881 for being newer. Net adjustment: +$881.
Adjusted -$29,037 for 133 sqft less living space and +$2,642 for being newer. Net adjustment: -$26,395.
The Neighborhood
This home is valued 6.6% 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 -6.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,904 across all districts. With a homestead exemption claimed, that drops to $4,308 — saving $1,596 per year. That's $359 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% | $3,148 |
| Leander | City | 0.4173% | $1,209 |
| Williamson County | County | 0.3694% | $1,070 |
| Austin Community College | special | 0.1034% | $299 |
| Williamson County FM/Rd | County | 0.0443% | $128 |
| Upper Brushy Creek WCID | Water | 0.0170% | $49 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,904 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $283,562 would pay approximately $1,770 per month (principal and interest only, excluding taxes and insurance).