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408 NORTHERN TRL, LEANDER, TX 78641

LEANDER, 78641 — williamson County

2 bed2 bath944 sqftBuilt 1994

Property at a Glance

This home is estimated between $225,760 and $467,690, with a best estimate of $289,977. That places the property above the L234493I - Mason Creek R3 median of $255,194, in a neighborhood that declined 7.4% over the past year.

Estimated Value Range

$225,760 $467,690
Best Estimate
$289,977
WCAD Value
$237,670
Low Confidence

Based on 5 comparable properties(2 in the same subdivision)

There are 5 comparable properties within range, but few are in L234493I - Mason Creek R3. The estimated range of $225,760 and $467,690 should be treated as a rough guide.

Comparable Properties (5)

401 NORTHERN TRL, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,094 sqft Built 1994
Raw Value $267,889
Adjusted Value $230,449

Adjusted -$37,440 for 150 sqft less living space. Net adjustment: -$37,440.

409 NORTHERN TRL, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,127 sqft Built 1994
Raw Value $271,437
Adjusted Value $225,760

Adjusted -$45,677 for 183 sqft less living space. Net adjustment: -$45,677.

401 CR 276, LEANDER, TX 78641
0.00 mi 94% similar
2 bed 1 bath 864 sqft Built 1995
Raw Value $449,156
Adjusted Value $467,690

Adjusted +$19,968 for 80 sqft more living space and -$1,434 for being older. Net adjustment: +$18,534.

3 bed 2 bath 884 sqft Built 1979
Raw Value $253,496
Adjusted Value $289,977

Adjusted +$14,976 for 60 sqft more living space and +$21,505 for being newer. Net adjustment: +$36,481.

3 bed 2 bath 780 sqft Built 1986
Raw Value $315,565
Adjusted Value $367,969

Adjusted +$40,935 for 164 sqft more living space and +$11,469 for being newer. Net adjustment: +$52,404.

The Neighborhood

This home is valued 6.9% below the L234493I - Mason Creek R3 median of $255,194. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.4% over the past year.

L234493I - Mason Creek R3

typical
244 Properties
$255,194 Median Value
-7.4% YoY Change
0% Have Pool
87% Have Garage
This Home
$237,670
Median
$255,194

This home is -6.9% below the subdivision median.

Tax Analysis

The estimated annual property tax is $4,845 across all districts. With a homestead exemption claimed, that drops to $3,258 — saving $1,587 per year. That's $272 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%$2,583
LeanderCity0.4173%$992
Williamson CountyCounty0.3694%$878
Austin Community Collegespecial0.1034%$246
Williamson County FM/RdCounty0.0443%$105
Upper Brushy Creek WCIDWater0.0170%$40
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$4,845

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $289,977 would pay approximately $1,810 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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