1145 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $192,537 and $428,074, with a best estimate of $379,661. 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
$379,661
$380,570
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 $192,537 and $428,074. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$28,804 for 112 sqft less living space. Net adjustment: -$28,804.
Adjusted -$147,621 for 574 sqft less living space. Net adjustment: -$147,621.
Adjusted -$28,804 for 112 sqft less living space. Net adjustment: -$28,804.
Adjusted -$147,621 for 574 sqft less living space. Net adjustment: -$147,621.
This comparable closely matches the subject property's features.
The Neighborhood
This home is in line with the L138319C - ALTERRA median of $379,262. Note that values in this subdivision declined 7.7% over the past year.
L138319C - ALTERRA
typicalThis home is +0.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,757 across all districts. With a homestead exemption claimed, that drops to $6,145 — saving $1,612 per year. That's $512 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% | $4,136 |
| Leander | City | 0.4173% | $1,588 |
| Williamson County | County | 0.3694% | $1,406 |
| Austin Community College | special | 0.1034% | $394 |
| Williamson County FM/Rd | County | 0.0443% | $169 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,757 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $379,661 would pay approximately $2,370 per month (principal and interest only, excluding taxes and insurance).