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1028 FELDSPAR STREAM WAY, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath2,024 sqftBuilt 2018

Property at a Glance

This home is estimated between $343,764 and $551,630, with a best estimate of $388,450. That places the property below the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353, in a neighborhood that declined 11.4% over the past year.

Estimated Value Range

$343,764 $551,630
Best Estimate
$388,450
WCAD Value
$375,986
High Confidence

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

Based on 5 comparable properties in L108416C - OAK CREEK MERITAGE/CASTLE ROCK, this home's estimated market value is between $343,764 and $551,630. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

1032 FELDSPAR STREAM WAY, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 2,344 sqft Built 2017
Raw Value $407,913
Adjusted Value $343,764

Adjusted -$65,134 for 320 sqft less living space and +$985 for being newer. Net adjustment: -$64,149.

1024 FELDSPAR STREAM WAY, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,837 sqft Built 2017
Raw Value $426,030
Adjusted Value $465,078

Adjusted +$38,063 for 187 sqft more living space and +$985 for being newer. Net adjustment: +$39,048.

1036 FELDSPAR STREAM WAY, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 3 bath 1,700 sqft Built 2017
Raw Value $484,696
Adjusted Value $551,630

Adjusted +$65,949 for 324 sqft more living space and +$985 for being newer. Net adjustment: +$66,934.

513 PALMILLA ST, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2,145 sqft Built 2018
Raw Value $386,045
Adjusted Value $361,416

Adjusted -$24,629 for 121 sqft less living space. Net adjustment: -$24,629.

1017 PECAN BAYOU DR, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 2,294 sqft Built 2017
Raw Value $442,422
Adjusted Value $388,450

Adjusted -$54,957 for 270 sqft less living space and +$985 for being newer. Net adjustment: -$53,972.

The Neighborhood

This home is valued 12.6% below the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.

L108416C - OAK CREEK MERITAGE/CASTLE ROCK

typical
299 Properties
$430,353 Median Value
-11.4% YoY Change
1% Have Pool
100% Have Garage
This Home
$375,986
Median
$430,353

This home is -12.6% below the subdivision median.

Tax Analysis

The estimated annual property tax is $7,664 across all districts. With a homestead exemption claimed, that drops to $6,052 — saving $1,612 per year. That's $504 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%$4,087
LeanderCity0.4173%$1,569
Williamson CountyCounty0.3694%$1,389
Austin Community Collegespecial0.1034%$389
Williamson County FM/RdCounty0.0443%$167
Upper Brushy Creek WCIDWater0.0170%$64
Oak Creek PIDpid0.0000%$0
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T05)other0.0000%$0
Total Annual Tax2.0384%$7,664

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $388,450 would pay approximately $2,425 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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