516 NORTHERN TRL, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $218,642 and $408,103, with a best estimate of $266,188. That places the property above the L234493I - Mason Creek R3 median of $255,194, in a neighborhood that declined 7.4% over the past year.
Estimated Value Range
$266,188
$247,773
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 $218,642 and $408,103. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$98,592 for 395 sqft less living space and -$1,434 for being older. Net adjustment: -$100,026.
Adjusted +$16,973 for 68 sqft more living space. Net adjustment: +$16,973.
Adjusted +$16,973 for 68 sqft more living space. Net adjustment: +$16,973.
Adjusted -$9,984 for 40 sqft less living space. Net adjustment: -$9,984.
Adjusted -$13,728 for 55 sqft less living space and -$11,469 for being older. Net adjustment: -$25,197.
The Neighborhood
This home is valued 2.9% below the L234493I - Mason Creek R3 median of $255,194. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.4% over the past year.
L234493I - Mason Creek R3
typicalThis home is -2.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,051 across all districts. With a homestead exemption claimed, that drops to $3,462 — saving $1,589 per year. That's $289 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% | $2,693 |
| Leander | City | 0.4173% | $1,034 |
| Williamson County | County | 0.3694% | $915 |
| Austin Community College | special | 0.1034% | $256 |
| Williamson County FM/Rd | County | 0.0443% | $110 |
| Upper Brushy Creek WCID | Water | 0.0170% | $42 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,051 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $266,188 would pay approximately $1,662 per month (principal and interest only, excluding taxes and insurance).