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505 CALLAHAN LN, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed2 bath1,015 sqftBuilt 2019

Property at a Glance

This home is estimated between $203,320 and $337,968, with a best estimate of $203,320. That places the property below the L109517C - LARKSPUR R4 median of $391,558, in a neighborhood that declined 1.7% over the past year.

Estimated Value Range

$203,320 $337,968
Best Estimate
$203,320
WCAD Value
$407,444
High Confidence

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

Based on 5 comparable properties in L109517C - LARKSPUR R4, this home's estimated market value is between $203,320 and $337,968. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

601 CALLAHAN LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
4 bed 2 bath 1,203 sqft Built 2019
Raw Value $389,872
Adjusted Value $337,968

Adjusted -$51,904 for 188 sqft less living space. Net adjustment: -$51,904.

605 CALLAHAN LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,203 sqft Built 2019
Raw Value $372,759
Adjusted Value $320,855

Adjusted -$51,904 for 188 sqft less living space. Net adjustment: -$51,904.

609 CALLAHAN LN, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,413 sqft Built 2019
Raw Value $313,202
Adjusted Value $203,320

Adjusted -$109,882 for 398 sqft less living space. Net adjustment: -$109,882.

500 CALLAHAN LN, LEANDER, TX 78641
0.04 mi 100% similar Same subdivision
3 bed 2 bath 1,413 sqft Built 2019
Raw Value $313,202
Adjusted Value $203,320

Adjusted -$109,882 for 398 sqft less living space. Net adjustment: -$109,882.

101 FEATHER GRASS AVE, LEANDER, TX 78641
0.04 mi 100% similar Same subdivision
3 bed 2 bath 1,413 sqft Built 2019
Raw Value $313,202
Adjusted Value $203,320

Adjusted -$109,882 for 398 sqft less living space. Net adjustment: -$109,882.

The Neighborhood

This home is valued 4.1% above the L109517C - LARKSPUR R4 median of $391,558. With 1,660 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.7% over the past year.

L109517C - LARKSPUR R4

typical
1,660 Properties
$391,558 Median Value
-1.7% YoY Change
0% Have Pool
100% Have Garage
This Home
$407,444
Median
$391,558

This home is +4.1% above the subdivision median.

Tax Analysis

The estimated annual property tax is $10,303 across all districts. With a homestead exemption claimed, that drops to $8,706 — saving $1,597 per year. That's $726 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%$4,429
Williamson County MUD #32MUD0.8500%$3,463
Williamson CountyCounty0.3694%$1,505
Austin Community Collegespecial0.1034%$421
Williamson County ESD #4 - Liberty HillESD0.0745%$304
Williamson County FM/RdCounty0.0443%$181
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.5286%$10,303

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $203,320 would pay approximately $1,269 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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