2721 GREAT OWL PASS, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $871,964 and $1,002,667, with a best estimate of $881,859. That places the property below the L117415B - GREATWOOD median of $882,712, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$881,859
$800,766
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $871,964 and $1,002,667. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$61,012 for 222 sqft less living space and -$1,459 for being older. Net adjustment: -$62,471.
Adjusted +$103,061 for 375 sqft more living space and +$1,459 for being newer. Net adjustment: +$104,520.
Adjusted +$163,524 for 595 sqft more living space. Net adjustment: +$163,524.
Adjusted -$91,243 for 332 sqft less living space. Net adjustment: -$91,243.
Adjusted +$275 for 1 sqft more living space and +$7,296 for being newer. Net adjustment: +$7,571.
The Neighborhood
This home is valued 9.3% below the L117415B - GREATWOOD median of $882,712. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.7% over the past year.
L117415B - GREATWOOD
typicalThis home is -9.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $16,322 across all districts. With a homestead exemption claimed, that drops to $14,619 — saving $1,703 per year. That's $1,218 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% | $8,704 |
| Leander | City | 0.4173% | $3,341 |
| Williamson County | County | 0.3694% | $2,958 |
| Austin Community College | special | 0.1034% | $828 |
| Williamson County FM/Rd | County | 0.0443% | $355 |
| Upper Brushy Creek WCID | Water | 0.0170% | $136 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $16,322 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $881,859 would pay approximately $5,505 per month (principal and interest only, excluding taxes and insurance).