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156 PRAIRIE FALCON WAY, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed3 bath902 sqftBuilt 2021

Property at a Glance

This home is estimated between $341,965 and $383,019, with a best estimate of $353,001. That places the property above the L121521G - SUMMELYN PULTE & CENTEX R4'S median of $339,602, in a neighborhood that declined 8.3% over the past year.

Estimated Value Range

$341,965 $383,019
Best Estimate
$353,001
WCAD Value
$344,700
High Confidence

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

Based on 5 comparable properties in L121521G - SUMMELYN PULTE & CENTEX R4'S, this home's estimated market value is between $341,965 and $383,019. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

160 PRAIRIE FALCON WAY, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 884 sqft Built 2022
Raw Value $343,463
Adjusted Value $341,965

Adjusted +$5,491 for 18 sqft more living space and -$6,989 for being older. Net adjustment: -$1,498.

164 PRAIRIE FALCON WAY, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 3 bath 675 sqft Built 2022
Raw Value $318,755
Adjusted Value $381,016

Adjusted +$69,250 for 227 sqft more living space and -$6,989 for being older. Net adjustment: +$62,261.

148 PRAIRIE FALCON WAY, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 3 bath 649 sqft Built 2022
Raw Value $312,826
Adjusted Value $383,019

Adjusted +$77,182 for 253 sqft more living space and -$6,989 for being older. Net adjustment: +$70,193.

168 PRAIRIE FALCON WAY, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 796 sqft Built 2022
Raw Value $325,585
Adjusted Value $350,933

Adjusted +$32,337 for 106 sqft more living space and -$6,989 for being older. Net adjustment: +$25,348.

144 PRAIRIE FALCON WAY, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 848 sqft Built 2021
Raw Value $336,527
Adjusted Value $353,001

Adjusted +$16,474 for 54 sqft more living space. Net adjustment: +$16,474.

The Neighborhood

This home is valued 1.5% above the L121521G - SUMMELYN PULTE & CENTEX R4'S median of $339,602. With 449 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.3% over the past year.

L121521G - SUMMELYN PULTE & CENTEX R4'S

typical
449 Properties
$339,602 Median Value
-8.3% YoY Change
0% Have Pool
100% Have Garage
This Home
$344,700
Median
$339,602

This home is +1.5% above the subdivision median.

Tax Analysis

The estimated annual property tax is $7,404 across all districts. With a homestead exemption claimed, that drops to $5,795 — saving $1,609 per year. That's $483 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%$3,747
Liberty HillCity0.4694%$1,618
Williamson CountyCounty0.3694%$1,273
Austin Community Collegespecial0.1034%$356
Williamson County ESD #4 - Liberty HillESD0.0745%$257
Williamson County FM/RdCounty0.0443%$153
Summerlyn West PIDpid0.0000%$0
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T17)other0.0000%$0
Total Annual Tax2.1480%$7,404

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $353,001 would pay approximately $2,203 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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