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118 FOREST TRL, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed2 bath2,977 sqftBuilt 1994

Property at a Glance

This home is estimated between $579,388 and $1,064,135, with a best estimate of $767,684. That places the property above the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063, in a neighborhood that declined 25.0% over the past year.

Estimated Value Range

$579,388 $1,064,135
Best Estimate
$767,684
WCAD Value
$1,191,542
Medium Confidence

Based on 5 comparable properties(3 in the same subdivision)

Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $579,388 and $1,064,135. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

113 LAKEWOOD TRL, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 3 bath 3,017 sqft Built 2001
Raw Value $1,005,210
Adjusted Value $954,081

Adjusted -$13,062 for 40 sqft less living space and -$38,067 for being older. Net adjustment: -$51,129.

111 WOODLAND TRL, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 3 bath 3,266 sqft Built 1984
Raw Value $1,104,123
Adjusted Value $1,064,135

Adjusted -$94,370 for 289 sqft less living space and +$54,382 for being newer. Net adjustment: -$39,988.

14700 HERO WAY W, LEANDER, TX 78641
0.00 mi 93% similar Same subdivision
3 bed 2 bath 1,876 sqft Built 1981
Raw Value $337,467
Adjusted Value $767,684

Adjusted +$359,521 for 1,101 sqft more living space and +$70,696 for being newer. Net adjustment: +$430,217.

3 bed 2 bath 2,803 sqft Built 2018
Raw Value $741,023
Adjusted Value $667,324

Adjusted +$56,818 for 174 sqft more living space and -$130,517 for being older. Net adjustment: -$73,699.

4 bed 4 bath 2,906 sqft Built 2015
Raw Value $670,406
Adjusted Value $579,388

Adjusted +$23,184 for 71 sqft more living space and -$114,202 for being older. Net adjustment: -$91,018.

The Neighborhood

This home is valued 57.8% above the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063. With 792 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 25.0% over the past year.

L010D82C - Leander Williamson Abstracts le 20 Acres

outlier high
792 Properties
$755,063 Median Value
-25.0% YoY Change
5% Have Pool
55% Have Garage
This Home
$1,191,542
Median
$755,063

This home is +57.8% above the subdivision median.

Tax Analysis

The estimated annual property tax is $18,148 across all districts. With a homestead exemption claimed, that drops to $16,430 — saving $1,718 per year. That's $1,369 per month a buyer should budget. The assessed value increased -9.6% vs the subdivision average of -25.0%. This above-average increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$11,571
Williamson CountyCounty0.3694%$3,933
Austin Community Collegespecial0.1034%$1,101
Williamson County ESD #12 - Cedar ParkESD0.0836%$890
Williamson County FM/RdCounty0.0443%$472
Upper Brushy Creek WCIDWater0.0170%$181
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7047%$18,148
50 / 100

Moderate opportunity to protest.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $767,684 would pay approximately $4,792 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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