1612 GLADEWATER WAY, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $298,204 and $513,902, with a best estimate of $381,113. That places the property below the L138420C - DEVINE LAKE R4 median of $418,389, in a neighborhood that appreciated 44.1% over the past year.
Estimated Value Range
$381,113
$361,791
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L138420C - DEVINE LAKE R4, this home's estimated market value is between $298,204 and $513,902. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$22,672 for 104 sqft more living space. Net adjustment: +$22,672.
Adjusted -$90,688 for 416 sqft less living space. Net adjustment: -$90,688.
Adjusted +$93,086 for 427 sqft more living space and +$18 for being newer. Net adjustment: +$93,104.
Adjusted +$8,938 for 41 sqft more living space and +$18 for being newer. Net adjustment: +$8,956.
Adjusted -$39,894 for 183 sqft less living space. Net adjustment: -$39,894.
The Neighborhood
This home is valued 13.5% below the L138420C - DEVINE LAKE R4 median of $418,389. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 44.1% over the past year.
L138420C - DEVINE LAKE R4
typicalThis home is -13.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,375 across all districts. With a homestead exemption claimed, that drops to $5,765 — saving $1,610 per year. That's $480 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% | $3,932 |
| Leander | City | 0.4173% | $1,510 |
| Williamson County | County | 0.3694% | $1,337 |
| Austin Community College | special | 0.1034% | $374 |
| Williamson County FM/Rd | County | 0.0443% | $160 |
| Upper Brushy Creek WCID | Water | 0.0170% | $62 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,375 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $381,113 would pay approximately $2,379 per month (principal and interest only, excluding taxes and insurance).