517 TULA TRL, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $338,205 and $371,576, with a best estimate of $354,572. That places the property below the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607, in a neighborhood that declined 7.4% over the past year.
Estimated Value Range
$354,572
$349,418
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L237416D - MAGNOLIA CREEK SEC 2, this home's estimated market value is between $338,205 and $371,576. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$21,553 for 102 sqft more living space and +$4,837 for being newer. Net adjustment: +$26,390.
Adjusted -$9,931 for 47 sqft less living space and +$4,837 for being newer. Net adjustment: -$5,094.
Adjusted -$634 for 3 sqft less living space. Net adjustment: -$634.
Adjusted -$62,122 for 294 sqft less living space. Net adjustment: -$62,122.
Adjusted -$38,668 for 183 sqft less living space and +$4,837 for being newer. Net adjustment: -$33,831.
The Neighborhood
This home is valued 9.4% below the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.4% over the past year.
L237416D - MAGNOLIA CREEK SEC 2
typicalThis home is -9.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,122 across all districts. With a homestead exemption claimed, that drops to $5,515 — saving $1,607 per year. That's $460 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% | $3,798 |
| Leander | City | 0.4173% | $1,458 |
| Williamson County | County | 0.3694% | $1,291 |
| Austin Community College | special | 0.1034% | $361 |
| Williamson County FM/Rd | County | 0.0443% | $155 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,122 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $354,572 would pay approximately $2,213 per month (principal and interest only, excluding taxes and insurance).