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501 MALLOW RD, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed3 bath2,313 sqftBuilt 2023

Property at a Glance

This home is estimated between $379,273 and $810,795, with a best estimate of $468,430. That places the property below the L123618C - BRYSON R5 median of $574,858, in a neighborhood that declined 7.1% over the past year.

Estimated Value Range

$379,273 $810,795
Best Estimate
$468,430
WCAD Value
$516,683
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in L123618C - BRYSON R5. The estimated range of $379,273 and $810,795 should be treated as a rough guide.

Comparable Properties (5)

505 MALLOW RD, LEANDER, TX 78641
0.00 mi 100% similar
4 bed 3 bath 2,392 sqft Built 2023
Raw Value $829,106
Adjusted Value $810,795

Adjusted -$18,311 for 79 sqft less living space. Net adjustment: -$18,311.

4 bed 2 bath 2,102 sqft Built 2023
Raw Value $430,998
Adjusted Value $479,906

Adjusted +$48,908 for 211 sqft more living space. Net adjustment: +$48,908.

508 TULA TRL, LEANDER, TX 78641
0.00 mi 93% similar
4 bed 1,889 sqft Built 2014
Raw Value $407,566
Adjusted Value $468,430

Adjusted +$98,279 for 424 sqft more living space and -$37,415 for being older. Net adjustment: +$60,864.

505 LA COSTA, LEANDER, TX 78641
0.00 mi 87% similar
4 bed 3 bath 3,042 sqft Built 2000
Raw Value $711,512
Adjusted Value $446,921

Adjusted -$168,975 for 729 sqft less living space and -$95,616 for being older. Net adjustment: -$264,591.

3 bed 2 bath 2,301 sqft Built 2000
Raw Value $472,108
Adjusted Value $379,273

Adjusted +$2,781 for 12 sqft more living space and -$95,616 for being older. Net adjustment: -$92,835.

The Neighborhood

This home is valued 10.1% below the L123618C - BRYSON R5 median of $574,858. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.1% over the past year.

L123618C - BRYSON R5

typical
704 Properties
$574,858 Median Value
-7.1% YoY Change
0% Have Pool
100% Have Garage
This Home
$516,683
Median
$574,858

This home is -10.1% below the subdivision median.

Tax Analysis

The estimated annual property tax is $12,252 across all districts. With a homestead exemption claimed, that drops to $10,614 — saving $1,638 per year. That's $885 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$5,616
LeanderCity0.4173%$2,156
Williamson CountyCounty0.3694%$1,909
Leander TODD MUD #1MUD0.3500%$1,808
Austin Community Collegespecial0.1034%$534
Williamson County FM/RdCounty0.0443%$229
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T05)other0.0000%$0
Total Annual Tax2.3714%$12,252

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $468,430 would pay approximately $2,924 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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