503 MILLCREEK LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $293,519 and $326,375, with a best estimate of $315,772. 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
$315,772
$303,433
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 $293,519 and $326,375. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$34,495 for 158 sqft more living space. Net adjustment: +$34,495.
Adjusted +$40,172 for 184 sqft more living space. Net adjustment: +$40,172.
Adjusted +$38,425 for 176 sqft more living space. Net adjustment: +$38,425.
Adjusted -$4,366 for 20 sqft less living space and -$881 for being older. Net adjustment: -$5,247.
Adjusted -$66,589 for 305 sqft less living space. Net adjustment: -$66,589.
The Neighborhood
This home is valued 2.2% below the L101494H - North Creek Sec 1 & 2 median of $310,157. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is -2.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,185 across all districts. With a homestead exemption claimed, that drops to $4,586 — saving $1,599 per year. That's $382 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% | $3,298 |
| Leander | City | 0.4173% | $1,266 |
| Williamson County | County | 0.3694% | $1,121 |
| Austin Community College | special | 0.1034% | $314 |
| Williamson County FM/Rd | County | 0.0443% | $135 |
| Upper Brushy Creek WCID | Water | 0.0170% | $52 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,185 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $315,772 would pay approximately $1,971 per month (principal and interest only, excluding taxes and insurance).