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732 COVEWIND BND, LEANDER, TX 78641

LEANDER, 78641 — williamson County

5 bed4 bath2,134 sqftBuilt 2024

Property at a Glance

This home is estimated between $535,745 and $722,398, with a best estimate of $651,299. That places the property above the L222421C - HORIZON LAKE R5 median of $645,588, in a neighborhood that declined 0.7% over the past year.

Estimated Value Range

$535,745 $722,398
Best Estimate
$651,299
WCAD Value
$725,886
High Confidence

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

Based on 5 comparable properties in L222421C - HORIZON LAKE R5, this home's estimated market value is between $535,745 and $722,398. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

725 COVEWIND BND, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 3 bath 2,522 sqft Built 2024
Raw Value $780,444
Adjusted Value $648,780

Adjusted -$131,664 for 388 sqft less living space. Net adjustment: -$131,664.

724 COVEWIND BND, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 4 bath 2,185 sqft Built 2024
Raw Value $739,704
Adjusted Value $722,398

Adjusted -$17,306 for 51 sqft less living space. Net adjustment: -$17,306.

709 COVEWIND BND, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 3 bath 2,456 sqft Built 2024
Raw Value $768,091
Adjusted Value $658,824

Adjusted -$109,267 for 322 sqft less living space. Net adjustment: -$109,267.

729 COVEWIND BND, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 4 bath 2,701 sqft Built 2024
Raw Value $728,151
Adjusted Value $535,745

Adjusted -$192,406 for 567 sqft less living space. Net adjustment: -$192,406.

708 COVEWIND BND, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 4 bath 2,241 sqft Built 2024
Raw Value $687,608
Adjusted Value $651,299

Adjusted -$36,309 for 107 sqft less living space. Net adjustment: -$36,309.

The Neighborhood

This home is valued 12.4% above the L222421C - HORIZON LAKE R5 median of $645,588. With 180 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.7% over the past year.

L222421C - HORIZON LAKE R5

typical
180 Properties
$645,588 Median Value
-0.7% YoY Change
0% Have Pool
100% Have Garage
This Home
$725,886
Median
$645,588

This home is +12.4% above the subdivision median.

Tax Analysis

The estimated annual property tax is $14,796 across all districts. With a homestead exemption claimed, that drops to $13,110 — saving $1,686 per year. That's $1,093 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$7,890
LeanderCity0.4173%$3,029
Williamson CountyCounty0.3694%$2,682
Austin Community Collegespecial0.1034%$751
Williamson County FM/RdCounty0.0443%$322
Upper Brushy Creek WCIDWater0.0170%$123
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T05)other0.0000%$0
Total Annual Tax2.0384%$14,796

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $651,299 would pay approximately $4,065 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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