1514 PARKWOOD DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $275,981 and $328,099, with a best estimate of $284,578. That places the property below the L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek median of $307,845, in a neighborhood that declined 8.7% over the past year.
Estimated Value Range
$284,578
$252,929
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek. The estimated range of $275,981 and $328,099 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$11,675 for 53 sqft less living space and -$16,398 for being older. Net adjustment: -$28,073.
Adjusted -$20,047 for 91 sqft less living space and -$2,050 for being older. Net adjustment: -$22,097.
Adjusted +$2,203 for 10 sqft more living space and +$16,398 for being newer. Net adjustment: +$18,601.
Adjusted +$13,658 for 62 sqft more living space and -$14,348 for being older. Net adjustment: -$690.
Adjusted +$6,388 for 29 sqft more living space and -$8,199 for being older. Net adjustment: -$1,811.
The Neighborhood
This home is valued 17.8% below the L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek median of $307,845. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.7% over the past year.
L233498F - Mason Creek Sec 4A,B, C & Woods at Mason Creek
below averageThis home is -17.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,156 across all districts. With a homestead exemption claimed, that drops to $3,566 — saving $1,590 per year. That's $297 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% | $2,749 |
| Leander | City | 0.4173% | $1,055 |
| Williamson County | County | 0.3694% | $934 |
| Austin Community College | special | 0.1034% | $262 |
| Williamson County FM/Rd | County | 0.0443% | $112 |
| Upper Brushy Creek WCID | Water | 0.0170% | $43 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,156 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $284,578 would pay approximately $1,776 per month (principal and interest only, excluding taxes and insurance).