1637 MARTIN WELLS ST, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $426,712 and $623,724, with a best estimate of $616,929. That places the property above the L123618C - BRYSON R5 median of $574,858, in a neighborhood that declined 7.1% over the past year.
Estimated Value Range
$616,929
$438,748
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L123618C - BRYSON R5, this home's estimated market value is between $426,712 and $623,724. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$6,258 for 27 sqft more living space and -$4,157 for being older. Net adjustment: +$2,101.
Adjusted -$4,404 for 19 sqft less living space and -$4,157 for being older. Net adjustment: -$8,561.
Adjusted -$4,404 for 19 sqft less living space. Net adjustment: -$4,404.
Adjusted +$6,258 for 27 sqft more living space and -$4,157 for being older. Net adjustment: +$2,101.
Adjusted -$24,338 for 105 sqft less living space. Net adjustment: -$24,338.
The Neighborhood
This home is valued 23.7% below the L123618C - BRYSON R5 median of $574,858. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.1% over the past year.
L123618C - BRYSON R5
below averageThis home is -23.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,404 across all districts. With a homestead exemption claimed, that drops to $8,781 — saving $1,623 per year. That's $732 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% | $4,769 |
| Leander | City | 0.4173% | $1,831 |
| Williamson County | County | 0.3694% | $1,621 |
| Leander TODD MUD #1 | MUD | 0.3500% | $1,536 |
| Austin Community College | special | 0.1034% | $454 |
| Williamson County FM/Rd | County | 0.0443% | $194 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.3714% | $10,404 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $616,929 would pay approximately $3,851 per month (principal and interest only, excluding taxes and insurance).