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408 OLMOS DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed2 bath1,888 sqftBuilt 2007

Property at a Glance

This home is estimated between $359,782 and $505,505, with a best estimate of $444,215. That places the property above the L206414D - Villas at Vista Ridge median of $381,355, in a neighborhood that declined 5.2% over the past year.

Estimated Value Range

$359,782 $505,505
Best Estimate
$444,215
WCAD Value
$506,204
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in L206414D - Villas at Vista Ridge. The estimated range of $359,782 and $505,505 should be treated as a rough guide.

Comparable Properties (5)

4 bed 2 bath 1,937 sqft Built 2015
Raw Value $520,866
Adjusted Value $505,505

Adjusted -$9,577 for 49 sqft less living space and -$5,784 for being older. Net adjustment: -$15,361.

4 bed 2 bath 1,708 sqft Built 2005
Raw Value $407,587
Adjusted Value $444,215

Adjusted +$35,182 for 180 sqft more living space and +$1,446 for being newer. Net adjustment: +$36,628.

4 bed 2 bath 2,059 sqft Built 2002
Raw Value $529,653
Adjusted Value $499,846

Adjusted -$33,422 for 171 sqft less living space and +$3,615 for being newer. Net adjustment: -$29,807.

4 bed 2 bath 1,787 sqft Built 2025
Raw Value $384,741
Adjusted Value $391,469

Adjusted +$19,741 for 101 sqft more living space and -$13,013 for being older. Net adjustment: +$6,728.

3 bed 2 bath 2,040 sqft Built 2016
Raw Value $395,998
Adjusted Value $359,782

Adjusted -$29,709 for 152 sqft less living space and -$6,507 for being older. Net adjustment: -$36,216.

The Neighborhood

This home is valued 32.7% above the L206414D - Villas at Vista Ridge median of $381,355. With 547 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.2% over the past year.

L206414D - Villas at Vista Ridge

above average
547 Properties
$381,355 Median Value
-5.2% YoY Change
0% Have Pool
100% Have Garage
This Home
$506,204
Median
$381,355

This home is +32.7% above the subdivision median.

Tax Analysis

The estimated annual property tax is $10,318 across all districts. With a homestead exemption claimed, that drops to $8,682 — saving $1,636 per year. That's $724 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%$5,502
LeanderCity0.4173%$2,112
Williamson CountyCounty0.3694%$1,870
Austin Community Collegespecial0.1034%$523
Williamson County FM/RdCounty0.0443%$224
Upper Brushy Creek WCIDWater0.0170%$86
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$10,318

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $444,215 would pay approximately $2,773 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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