1816 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $374,322 and $504,588, with a best estimate of $417,087. 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
$417,087
$440,201
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 $374,322 and $504,588. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$38,618 for 164 sqft less living space. Net adjustment: -$38,618.
Adjusted -$134,455 for 571 sqft less living space and +$16,851 for being newer. Net adjustment: -$117,604.
Adjusted +$3,061 for 13 sqft more living space. Net adjustment: +$3,061.
Adjusted -$153,528 for 652 sqft less living space and -$16,851 for being older. Net adjustment: -$170,379.
Adjusted -$140,342 for 596 sqft less living space and +$16,851 for being newer. Net adjustment: -$123,491.
The Neighborhood
This home is valued 21.4% 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
below averageThis home is -21.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,973 across all districts. With a homestead exemption claimed, that drops to $7,349 — saving $1,624 per year. That's $612 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% | $4,785 |
| Leander | City | 0.4173% | $1,837 |
| Williamson County | County | 0.3694% | $1,626 |
| Austin Community College | special | 0.1034% | $455 |
| Williamson County FM/Rd | County | 0.0443% | $195 |
| Upper Brushy Creek WCID | Water | 0.0170% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,973 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $417,087 would pay approximately $2,603 per month (principal and interest only, excluding taxes and insurance).