1132 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $429,325 and $572,686, with a best estimate of $557,851. 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
$557,851
$340,158
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 $429,325 and $572,686. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$118,817 for 462 sqft more living space. Net adjustment: +$118,817.
Adjusted +$122,674 for 477 sqft more living space. Net adjustment: +$122,674.
Adjusted +$46,549 for 181 sqft more living space. Net adjustment: +$46,549.
Adjusted +$117,788 for 458 sqft more living space. Net adjustment: +$117,788.
Adjusted +$131,676 for 512 sqft more living space. Net adjustment: +$131,676.
The Neighborhood
This home is valued 10.3% below the L138319C - ALTERRA median of $379,262. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.7% over the past year.
L138319C - ALTERRA
typicalThis home is -10.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,934 across all districts. With a homestead exemption claimed, that drops to $5,328 — saving $1,606 per year. That's $444 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% | $3,697 |
| Leander | City | 0.4173% | $1,419 |
| Williamson County | County | 0.3694% | $1,257 |
| Austin Community College | special | 0.1034% | $352 |
| Williamson County FM/Rd | County | 0.0443% | $151 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,934 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $557,851 would pay approximately $3,482 per month (principal and interest only, excluding taxes and insurance).