1307 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $239,117 and $397,895, with a best estimate of $262,374. That places the property below the L101494H - North Creek Sec 1 & 2 median of $310,157, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$262,374
$278,908
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L101494H - North Creek Sec 1 & 2, this home's estimated market value is between $239,117 and $397,895. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$76,195 for 349 sqft more living space. Net adjustment: +$76,195.
Adjusted -$74,230 for 340 sqft less living space and -$881 for being older. Net adjustment: -$75,111.
Adjusted +$76,195 for 349 sqft more living space. Net adjustment: +$76,195.
Adjusted -$85,801 for 393 sqft less living space and -$881 for being older. Net adjustment: -$86,682.
Adjusted -$85,583 for 392 sqft less living space and -$881 for being older. Net adjustment: -$86,464.
The Neighborhood
This home is valued 10.1% below the L101494H - North Creek Sec 1 & 2 median of $310,157. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is -10.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,685 across all districts. With a homestead exemption claimed, that drops to $4,091 — saving $1,594 per year. That's $341 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% | $3,031 |
| Leander | City | 0.4173% | $1,164 |
| Williamson County | County | 0.3694% | $1,030 |
| Austin Community College | special | 0.1034% | $288 |
| Williamson County FM/Rd | County | 0.0443% | $124 |
| Upper Brushy Creek WCID | Water | 0.0170% | $47 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,685 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $262,374 would pay approximately $1,638 per month (principal and interest only, excluding taxes and insurance).