121 MIKES WAY, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $-24,044 and $515,192, with a best estimate of $274,360. That places the property below the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063, in a neighborhood that declined 25.0% over the past year.
Estimated Value Range
$274,360
$926,757
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 $-24,044 and $515,192. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$202,455 for 620 sqft more living space. Net adjustment: +$202,455.
Adjusted +$278,866 for 854 sqft more living space and -$152,269 for being older. Net adjustment: +$126,597.
Adjusted +$186,455 for 571 sqft more living space and -$348,044 for being older. Net adjustment: -$161,589.
Adjusted -$92,084 for 282 sqft less living space and -$375,235 for being older. Net adjustment: -$467,319.
Adjusted +$91,758 for 281 sqft more living space and -$467,684 for being older. Net adjustment: -$375,926.
The Neighborhood
This home is valued 22.7% above the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063. With 792 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 25.0% over the past year.
L010D82C - Leander Williamson Abstracts le 20 Acres
above averageThis home is +22.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,792 across all districts. With a homestead exemption claimed, that drops to $14,099 — saving $1,693 per year. That's $1,175 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% | $10,073 |
| Williamson County | County | 0.3694% | $3,424 |
| Austin Community College | special | 0.1034% | $958 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $926 |
| Williamson County FM/Rd | County | 0.0443% | $411 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7040% | $15,792 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $274,360 would pay approximately $1,713 per month (principal and interest only, excluding taxes and insurance).