2402 BRANDING IRON LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $459,207 and $770,648, with a best estimate of $498,319. That places the property above the L250501E - LAKELINE RANCH median of $433,223, in a neighborhood that appreciated 0.2% over the past year.
Estimated Value Range
$498,319
$495,187
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L250501E - LAKELINE RANCH, this home's estimated market value is between $459,207 and $770,648. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$107,785 for 496 sqft more living space and +$5,195 for being newer. Net adjustment: +$112,980.
Adjusted +$3,912 for 18 sqft more living space. Net adjustment: +$3,912.
Adjusted +$114,739 for 528 sqft more living space and +$5,195 for being newer. Net adjustment: +$119,934.
Adjusted +$31,944 for 147 sqft more living space. Net adjustment: +$31,944.
Adjusted +$126,474 for 582 sqft more living space. Net adjustment: +$126,474.
The Neighborhood
This home is valued 14.3% above the L250501E - LAKELINE RANCH median of $433,223. With 546 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 0.2% over the past year.
L250501E - LAKELINE RANCH
typicalThis home is +14.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,094 across all districts. With a homestead exemption claimed, that drops to $8,460 — saving $1,634 per year. That's $705 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% | $5,382 |
| Leander | City | 0.4173% | $2,066 |
| Williamson County | County | 0.3694% | $1,829 |
| Austin Community College | special | 0.1034% | $512 |
| Williamson County FM/Rd | County | 0.0443% | $220 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $10,094 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $498,319 would pay approximately $3,110 per month (principal and interest only, excluding taxes and insurance).