1129 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $222,370 and $457,907, with a best estimate of $457,907. That places the property above the L138319C - ALTERRA median of $379,262, in a neighborhood that declined 7.7% over the past year.
Estimated Value Range
$457,907
$440,063
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L138319C - ALTERRA, this home's estimated market value is between $222,370 and $457,907. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$13,888 for 54 sqft more living space. Net adjustment: +$13,888.
Adjusted +$1,029 for 4 sqft more living space. Net adjustment: +$1,029.
Adjusted -$117,788 for 458 sqft less living space. Net adjustment: -$117,788.
Adjusted +$1,029 for 4 sqft more living space. Net adjustment: +$1,029.
Adjusted +$1,029 for 4 sqft more living space. Net adjustment: +$1,029.
The Neighborhood
This home is valued 16.0% above the L138319C - ALTERRA median of $379,262. With 61 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.7% over the past year.
L138319C - ALTERRA
above averageThis home is +16.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,970 across all districts. With a homestead exemption claimed, that drops to $7,346 — saving $1,624 per year. That's $612 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% | $4,783 |
| Leander | City | 0.4173% | $1,836 |
| Williamson County | County | 0.3694% | $1,626 |
| Austin Community College | special | 0.1034% | $455 |
| Williamson County FM/Rd | County | 0.0443% | $195 |
| Upper Brushy Creek WCID | Water | 0.0170% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,970 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $457,907 would pay approximately $2,858 per month (principal and interest only, excluding taxes and insurance).