1004 COTTON PATCH TRL, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $418,509 and $524,781, with a best estimate of $474,979. That places the property above the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607, in a neighborhood that declined 7.4% over the past year.
Estimated Value Range
$474,979
$468,922
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L237416D - MAGNOLIA CREEK SEC 2, this home's estimated market value is between $418,509 and $524,781. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$81,351 for 385 sqft more living space. Net adjustment: +$81,351.
Adjusted +$74,800 for 354 sqft more living space and -$2,419 for being older. Net adjustment: +$72,381.
Adjusted +$81,351 for 385 sqft more living space. Net adjustment: +$81,351.
Adjusted +$3,170 for 15 sqft more living space. Net adjustment: +$3,170.
Adjusted +$81,351 for 385 sqft more living space. Net adjustment: +$81,351.
The Neighborhood
This home is valued 21.6% above the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607. With 274 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.4% over the past year.
L237416D - MAGNOLIA CREEK SEC 2
above averageThis home is +21.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,558 across all districts. With a homestead exemption claimed, that drops to $7,929 — saving $1,629 per year. That's $661 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% | $5,097 |
| Leander | City | 0.4173% | $1,957 |
| Williamson County | County | 0.3694% | $1,732 |
| Austin Community College | special | 0.1034% | $485 |
| Williamson County FM/Rd | County | 0.0443% | $208 |
| Upper Brushy Creek WCID | Water | 0.0170% | $80 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $9,558 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $474,979 would pay approximately $2,965 per month (principal and interest only, excluding taxes and insurance).