1237 CORNITH LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $183,183 and $563,752, with a best estimate of $304,289. That places the property below the L228416E - MASON RANCH KB STANDARD median of $499,802, in a neighborhood that declined 3.1% over the past year.
Estimated Value Range
$304,289
$510,558
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 $183,183 and $563,752. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$129,548 for 510 sqft less living space. Net adjustment: -$129,548.
Adjusted -$67,822 for 267 sqft less living space and +$8,931 for being newer. Net adjustment: -$58,891.
Adjusted -$173,239 for 682 sqft less living space and +$17,862 for being newer. Net adjustment: -$155,377.
Adjusted -$377,468 for 1,486 sqft less living space and +$26,793 for being newer. Net adjustment: -$350,675.
Adjusted +$34,546 for 136 sqft more living space. Net adjustment: +$34,546.
The Neighborhood
This home is valued 2.2% above the L228416E - MASON RANCH KB STANDARD median of $499,802. With 637 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.1% over the past year.
L228416E - MASON RANCH KB STANDARD
typicalThis home is +2.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,407 across all districts. With a homestead exemption claimed, that drops to $8,770 — saving $1,637 per year. That's $731 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% | $5,549 |
| Leander | City | 0.4173% | $2,130 |
| Williamson County | County | 0.3694% | $1,886 |
| Austin Community College | special | 0.1034% | $528 |
| Williamson County FM/Rd | County | 0.0443% | $226 |
| Upper Brushy Creek WCID | Water | 0.0170% | $87 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $10,407 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $304,289 would pay approximately $1,899 per month (principal and interest only, excluding taxes and insurance).