1620 GLADEWATER WAY, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $400,479 and $526,423, with a best estimate of $446,196. That places the property above the L138420C - DEVINE LAKE R4 median of $418,389, in a neighborhood that appreciated 44.1% over the past year.
Estimated Value Range
$446,196
$400,479
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L138420C - DEVINE LAKE R4, this home's estimated market value is between $400,479 and $526,423. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$30,738 for 141 sqft more living space. Net adjustment: +$30,738.
This comparable closely matches the subject property's features.
Adjusted +$59,296 for 272 sqft more living space. Net adjustment: +$59,296.
This comparable closely matches the subject property's features.
Adjusted +$68,016 for 312 sqft more living space. Net adjustment: +$68,016.
The Neighborhood
This home is valued 4.3% below the L138420C - DEVINE LAKE R4 median of $418,389. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 44.1% over the past year.
L138420C - DEVINE LAKE R4
typicalThis home is -4.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,163 across all districts. With a homestead exemption claimed, that drops to $6,547 — saving $1,616 per year. That's $546 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% | $4,353 |
| Leander | City | 0.4173% | $1,671 |
| Williamson County | County | 0.3694% | $1,480 |
| Austin Community College | special | 0.1034% | $414 |
| Williamson County FM/Rd | County | 0.0443% | $178 |
| Upper Brushy Creek WCID | Water | 0.0170% | $68 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,163 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $446,196 would pay approximately $2,785 per month (principal and interest only, excluding taxes and insurance).