2002 FALL CREEK DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $328,742 and $596,115, with a best estimate of $421,157. That places the property above the L484400G - Horizon Park Sec 1 Thru 7 median of $341,538, in a neighborhood that declined 3.8% over the past year.
Estimated Value Range
$421,157
$363,486
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 $328,742 and $596,115. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$9,150 for 44 sqft less living space and -$8,790 for being older. Net adjustment: -$17,940.
Adjusted -$59,270 for 285 sqft less living space and -$4,395 for being older. Net adjustment: -$63,665.
Adjusted +$64,261 for 309 sqft more living space and -$17,579 for being older. Net adjustment: +$46,682.
Adjusted +$16,637 for 80 sqft more living space and -$61,528 for being older. Net adjustment: -$44,891.
Adjusted +$150,983 for 726 sqft more living space and -$17,579 for being older. Net adjustment: +$133,404.
The Neighborhood
This home is valued 6.4% above the L484400G - Horizon Park Sec 1 Thru 7 median of $341,538. With 777 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.8% over the past year.
L484400G - Horizon Park Sec 1 Thru 7
typicalThis home is +6.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,409 across all districts. With a homestead exemption claimed, that drops to $5,799 — saving $1,610 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
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,951 |
| Leander | City | 0.4173% | $1,517 |
| Williamson County | County | 0.3694% | $1,343 |
| Austin Community College | special | 0.1034% | $376 |
| Williamson County FM/Rd | County | 0.0443% | $161 |
| Upper Brushy Creek WCID | Water | 0.0170% | $62 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,409 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $421,157 would pay approximately $2,629 per month (principal and interest only, excluding taxes and insurance).