1133 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $208,482 and $444,019, with a best estimate of $441,010. 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
$441,010
$374,763
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 $208,482 and $444,019. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$13,888 for 54 sqft less living space. Net adjustment: -$13,888.
Adjusted -$12,859 for 50 sqft less living space. Net adjustment: -$12,859.
Adjusted -$12,859 for 50 sqft less living space. Net adjustment: -$12,859.
Adjusted -$12,859 for 50 sqft less living space. Net adjustment: -$12,859.
Adjusted -$131,676 for 512 sqft less living space. Net adjustment: -$131,676.
The Neighborhood
This home is valued 1.2% 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 -1.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,639 across all districts. With a homestead exemption claimed, that drops to $6,027 — saving $1,612 per year. That's $502 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% | $4,073 |
| Leander | City | 0.4173% | $1,564 |
| Williamson County | County | 0.3694% | $1,385 |
| Austin Community College | special | 0.1034% | $388 |
| Williamson County FM/Rd | County | 0.0443% | $166 |
| Upper Brushy Creek WCID | Water | 0.0170% | $64 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,639 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $441,010 would pay approximately $2,753 per month (principal and interest only, excluding taxes and insurance).