2016 COTTON FARM TRL, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $730,823 and $962,037, with a best estimate of $794,093. That places the property above the L230314E - Mason Ranch median of $647,985, in a neighborhood that appreciated 4.8% over the past year.
Estimated Value Range
$794,093
$712,480
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $730,823 and $962,037. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$171,575 for 719 sqft more living space and +$5,803 for being newer. Net adjustment: +$177,378.
Adjusted +$79,702 for 334 sqft more living space and +$5,803 for being newer. Net adjustment: +$85,505.
Adjusted +$75,168 for 315 sqft more living space and +$5,803 for being newer. Net adjustment: +$80,971.
Adjusted +$70,873 for 297 sqft more living space and +$5,803 for being newer. Net adjustment: +$76,676.
Adjusted +$505,180 for 2,117 sqft more living space and +$81,236 for being newer. Net adjustment: +$586,416.
The Neighborhood
This home is valued 10.0% above the L230314E - Mason Ranch median of $647,985. With 327 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 4.8% over the past year.
L230314E - Mason Ranch
typicalThis home is +10.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,523 across all districts. With a homestead exemption claimed, that drops to $12,840 — saving $1,683 per year. That's $1,070 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% | $7,744 |
| Leander | City | 0.4173% | $2,973 |
| Williamson County | County | 0.3694% | $2,632 |
| Austin Community College | special | 0.1034% | $737 |
| Williamson County FM/Rd | County | 0.0443% | $316 |
| Upper Brushy Creek WCID | Water | 0.0170% | $121 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $14,523 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $794,093 would pay approximately $4,957 per month (principal and interest only, excluding taxes and insurance).