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509 NORTHERN TRL, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath1,128 sqftBuilt 1994

Property at a Glance

This home is estimated between $291,923 and $428,111, with a best estimate of $377,128. That places the property above the L234493I - Mason Creek R3 median of $255,194, in a neighborhood that declined 7.4% over the past year.

Estimated Value Range

$291,923 $428,111
Best Estimate
$377,128
WCAD Value
$294,119
Low Confidence

Based on 5 comparable properties(1 in the same subdivision)

There are 5 comparable properties within range, but few are in L234493I - Mason Creek R3. The estimated range of $291,923 and $428,111 should be treated as a rough guide.

Comparable Properties (5)

501 NORTHERN TRL, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,069 sqft Built 1994
Raw Value $277,197
Adjusted Value $291,923

Adjusted +$14,726 for 59 sqft more living space. Net adjustment: +$14,726.

3 bed 2 bath 1,049 sqft Built 1978
Raw Value $279,716
Adjusted Value $322,372

Adjusted +$19,718 for 79 sqft more living space and +$22,938 for being newer. Net adjustment: +$42,656.

3 bed 2 bath 1,139 sqft Built 2016
Raw Value $419,248
Adjusted Value $384,962

Adjusted -$2,746 for 11 sqft less living space and -$31,540 for being older. Net adjustment: -$34,286.

3 bed 2 bath 994 sqft Built 2007
Raw Value $362,318
Adjusted Value $377,128

Adjusted +$33,447 for 134 sqft more living space and -$18,637 for being older. Net adjustment: +$14,810.

3 bed 2 bath 956 sqft Built 2006
Raw Value $402,384
Adjusted Value $428,111

Adjusted +$42,931 for 172 sqft more living space and -$17,204 for being older. Net adjustment: +$25,727.

The Neighborhood

This home is valued 15.3% above the L234493I - Mason Creek R3 median of $255,194. With 244 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.4% over the past year.

L234493I - Mason Creek R3

above average
244 Properties
$255,194 Median Value
-7.4% YoY Change
0% Have Pool
87% Have Garage
This Home
$294,119
Median
$255,194

This home is +15.3% above the subdivision median.

Tax Analysis

The estimated annual property tax is $5,995 across all districts. With a homestead exemption claimed, that drops to $4,398 — saving $1,597 per year. That's $367 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%$3,197
LeanderCity0.4173%$1,227
Williamson CountyCounty0.3694%$1,087
Austin Community Collegespecial0.1034%$304
Williamson County FM/RdCounty0.0443%$130
Upper Brushy Creek WCIDWater0.0170%$50
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$5,995

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $377,128 would pay approximately $2,354 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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