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2001 WATERFALL AVE, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath2,444 sqftBuilt 2019

Property at a Glance

This home is estimated between $474,749 and $575,719, with a best estimate of $542,966. That places the property below the L129414C - HAWKS LANDING R5 median of $560,051, in a neighborhood that appreciated 37.9% over the past year.

Estimated Value Range

$474,749 $575,719
Best Estimate
$542,966
WCAD Value
$534,308
High Confidence

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

Based on 5 comparable properties in L129414C - HAWKS LANDING R5, this home's estimated market value is between $474,749 and $575,719. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

2005 WATERFALL AVE, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 2,136 sqft Built 2019
Raw Value $493,728
Adjusted Value $566,254

Adjusted +$72,526 for 308 sqft more living space. Net adjustment: +$72,526.

1929 WATERFALL AVE, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,853 sqft Built 2019
Raw Value $436,555
Adjusted Value $575,719

Adjusted +$139,164 for 591 sqft more living space. Net adjustment: +$139,164.

1925 WATERFALL AVE, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 2,187 sqft Built 2019
Raw Value $482,450
Adjusted Value $542,966

Adjusted +$60,516 for 257 sqft more living space. Net adjustment: +$60,516.

2009 WATERFALL AVE, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 3 bath 2,752 sqft Built 2020
Raw Value $564,126
Adjusted Value $474,749

Adjusted -$72,526 for 308 sqft less living space and -$16,851 for being older. Net adjustment: -$89,377.

801 SUNNY BROOK DR, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 2,193 sqft Built 2020
Raw Value $492,600
Adjusted Value $534,853

Adjusted +$59,104 for 251 sqft more living space and -$16,851 for being older. Net adjustment: +$42,253.

The Neighborhood

This home is valued 4.6% below the L129414C - HAWKS LANDING R5 median of $560,051. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 37.9% over the past year.

L129414C - HAWKS LANDING R5

typical
402 Properties
$560,051 Median Value
+37.9% YoY Change
0% Have Pool
100% Have Garage
This Home
$534,308
Median
$560,051

This home is -4.6% below the subdivision median.

Tax Analysis

The estimated annual property tax is $10,891 across all districts. With a homestead exemption claimed, that drops to $9,248 — saving $1,643 per year. That's $771 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%$5,807
LeanderCity0.4173%$2,230
Williamson CountyCounty0.3694%$1,974
Austin Community Collegespecial0.1034%$552
Williamson County FM/RdCounty0.0443%$237
Upper Brushy Creek WCIDWater0.0170%$91
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$10,891

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $542,966 would pay approximately $3,389 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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