701 SPRING BROOK LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $212,717 and $389,024, with a best estimate of $338,834. That places the property below the L480494G - Oak Ridge - All Sections median of $348,246, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$338,834
$382,994
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L480494G - Oak Ridge - All Sections. The estimated range of $212,717 and $389,024 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$8,379 for 39 sqft more living space and -$3,894 for being older. Net adjustment: +$4,485.
Adjusted -$430 for 2 sqft less living space and -$5,841 for being older. Net adjustment: -$6,271.
Adjusted -$114,291 for 532 sqft less living space. Net adjustment: -$114,291.
Adjusted +$11,601 for 54 sqft more living space and -$3,894 for being older. Net adjustment: +$7,707.
Adjusted +$10,527 for 49 sqft more living space and -$5,841 for being older. Net adjustment: +$4,686.
The Neighborhood
This home is valued 10.0% above the L480494G - Oak Ridge - All Sections median of $348,246. With 496 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.3% over the past year.
L480494G - Oak Ridge - All Sections
typicalThis home is +10.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,807 across all districts. With a homestead exemption claimed, that drops to $6,194 — saving $1,613 per year. That's $516 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% | $4,163 |
| Leander | City | 0.4173% | $1,598 |
| Williamson County | County | 0.3694% | $1,415 |
| Austin Community College | special | 0.1034% | $396 |
| Williamson County FM/Rd | County | 0.0443% | $170 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,807 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $338,834 would pay approximately $2,115 per month (principal and interest only, excluding taxes and insurance).