505 DEERCREEK LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $363,446 and $479,787, with a best estimate of $398,885. That places the property above the L101494H - North Creek Sec 1 & 2 median of $310,157, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$398,885
$347,815
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L101494H - North Creek Sec 1 & 2, this home's estimated market value is between $363,446 and $479,787. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$70,082 for 321 sqft more living space. Net adjustment: +$70,082.
Adjusted +$170,511 for 781 sqft more living space and -$881 for being older. Net adjustment: +$169,630.
Adjusted +$113,092 for 518 sqft more living space and -$7,925 for being older. Net adjustment: +$105,167.
Adjusted +$113,965 for 522 sqft more living space and -$8,805 for being older. Net adjustment: +$105,160.
Adjusted +$91,478 for 419 sqft more living space and -$9,686 for being older. Net adjustment: +$81,792.
The Neighborhood
This home is valued 12.1% above the L101494H - North Creek Sec 1 & 2 median of $310,157. With 986 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is +12.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,090 across all districts. With a homestead exemption claimed, that drops to $5,483 — saving $1,607 per year. That's $457 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% | $3,780 |
| Leander | City | 0.4173% | $1,451 |
| Williamson County | County | 0.3694% | $1,285 |
| Austin Community College | special | 0.1034% | $360 |
| Williamson County FM/Rd | County | 0.0443% | $154 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,090 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $398,885 would pay approximately $2,490 per month (principal and interest only, excluding taxes and insurance).