305 MICHAELIS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $308,069 and $326,911, with a best estimate of $326,911. That places the property above the L243418E - Village at Leander Station median of $299,085, in a neighborhood that declined 10.2% over the past year.
Estimated Value Range
$326,911
$308,069
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L243418E - Village at Leander Station, this home's estimated market value is between $308,069 and $326,911. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
This comparable closely matches the subject property's features.
Adjusted +$27,826 for 143 sqft more living space and -$4,058 for being older. Net adjustment: +$23,768.
Adjusted +$27,826 for 143 sqft more living space. Net adjustment: +$27,826.
Adjusted +$27,826 for 143 sqft more living space. Net adjustment: +$27,826.
Adjusted +$27,826 for 143 sqft more living space. Net adjustment: +$27,826.
The Neighborhood
This home is valued 3.0% above the L243418E - Village at Leander Station median of $299,085. With 77 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 10.2% over the past year.
L243418E - Village at Leander Station
typicalThis home is +3.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,280 across all districts. With a homestead exemption claimed, that drops to $4,680 — saving $1,600 per year. That's $390 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% | $3,348 |
| Leander | City | 0.4173% | $1,286 |
| Williamson County | County | 0.3694% | $1,138 |
| Austin Community College | special | 0.1034% | $319 |
| Williamson County FM/Rd | County | 0.0443% | $137 |
| Upper Brushy Creek WCID | Water | 0.0170% | $52 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,280 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $326,911 would pay approximately $2,041 per month (principal and interest only, excluding taxes and insurance).