
NEW NEUTRAL CARPETING JUST INSTALLEDAND HOME INTERIOR FRESH PAINT! Former model home built in 2014 and exceptionally well maintained, this single-story residence shows beautifully and offers a thoughtfully designed, open-concept layout ideal for everyday living and entertaining. Designer finishes and quality upgrades throughout reflect its model-home origins, while abundant natural light and well-proportioned rooms create a warm, inviting atmosphere. The primary suite is privately positioned, with secondary bedrooms offering flexibility for guests, home office, or hobby space. The home presents true pride of ownership and is move-in ready. Conveniently located in a well-established Leander community with easy access to shopping, dining, major roadways, and Leander ISD schools, this property combines comfort, style, and location in one compelling offering.
Property Type
Residential
Year Built
2014
Lot Size
0.14 acres
$/Sq Ft
$164
HOA
$92/mo
Garage
4 spaces
Listed by Rugg Realty LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
508 Hoot Owl LN is listed at $320,000 with 3 bedrooms, 2 full bathrooms, 1,948 square feet, 0.14-acre lot.
508 Hoot Owl LN is zoned for Leander ISD with assigned schools: Larkspur (6/10) (elementary), Knox Wiley (10/10) (middle), Glenn (8/10) (high). School assignments should be verified directly with the district.
508 Hoot Owl LN is a Residential built in 2014 featuring 3 bedrooms, 2 full bathrooms, 1,948 square feet, 0.14-acre lot.
508 Hoot Owl LN is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 508 Hoot Owl LN is $8,171. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Pending with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026-5.3% | — | $351,436 | $77,000 | $274,436 |
2025 | — | $370,963 | $79,000 | $291,963 |

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($64K)
$320,000
Luxury property intelligence
A sourced read on Summerlyn Ph P-5b pricing, timing, and property scale. No automated valuation claim.
List price
$320,000
Price per sqft
$164/sqft
Vs. Summerlyn Ph P-5b median
Not available
Days on market
163 days
Original to current
$22K reduction
$342K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 21, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($64,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 508 Hoot Owl LN is around $2,341 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $320,000, 508 Hoot Owl LN is in the Summerlyn Ph P-5b market where there are currently 672 active listings in 78641. The Keenan Group has completed 6 transactions in 78641 as part of 1,000+ career sales totaling $1B+ across Austin.
508 Hoot Owl LN includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
508 Hoot Owl LN is part of a managed community with HOA dues of $92 quarterly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
12 events on record
Current Price
$349,500
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026-5.3% | — | $351,436 | $77,000 | $274,436 |
2025 | — | $370,963 | $79,000 | $291,963 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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