401 MCCARTHUR DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $271,364 and $307,619, with a best estimate of $288,174. That places the property below the L484400G - Horizon Park Sec 1 Thru 7 median of $341,538, in a neighborhood that declined 3.8% over the past year.
Estimated Value Range
$288,174
$309,039
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L484400G - Horizon Park Sec 1 Thru 7, this home's estimated market value is between $271,364 and $307,619. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$2,704 for 13 sqft more living space. Net adjustment: +$2,704.
Adjusted -$49,912 for 240 sqft less living space and -$8,790 for being older. Net adjustment: -$58,702.
Adjusted -$25,372 for 122 sqft less living space. Net adjustment: -$25,372.
Adjusted -$49,912 for 240 sqft less living space and -$4,395 for being older. Net adjustment: -$54,307.
Adjusted +$2,704 for 13 sqft more living space. Net adjustment: +$2,704.
The Neighborhood
This home is valued 9.5% below the L484400G - Horizon Park Sec 1 Thru 7 median of $341,538. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.8% over the past year.
L484400G - Horizon Park Sec 1 Thru 7
typicalThis home is -9.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,299 across all districts. With a homestead exemption claimed, that drops to $4,700 — saving $1,599 per year. That's $392 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% | $3,359 |
| Leander | City | 0.4173% | $1,290 |
| Williamson County | County | 0.3694% | $1,142 |
| Austin Community College | special | 0.1034% | $320 |
| Williamson County FM/Rd | County | 0.0443% | $137 |
| Upper Brushy Creek WCID | Water | 0.0170% | $53 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,299 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $288,174 would pay approximately $1,799 per month (principal and interest only, excluding taxes and insurance).