1224 CORNITH LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $355,303 and $585,899, with a best estimate of $408,894. 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
$408,894
$481,952
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 $355,303 and $585,899. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$60,202 for 237 sqft more living space and -$26,793 for being older. Net adjustment: +$33,409.
Adjusted -$200,165 for 788 sqft less living space and -$8,931 for being older. Net adjustment: -$209,096.
Adjusted +$56,900 for 224 sqft more living space and +$17,862 for being newer. Net adjustment: +$74,762.
Adjusted -$200,165 for 788 sqft less living space and -$8,931 for being older. Net adjustment: -$209,096.
Adjusted -$147,584 for 581 sqft less living space and -$8,931 for being older. Net adjustment: -$156,515.
The Neighborhood
This home is valued 3.6% below the L228416E - MASON RANCH KB STANDARD median of $499,802. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.1% over the past year.
L228416E - MASON RANCH KB STANDARD
typicalThis home is -3.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,824 across all districts. With a homestead exemption claimed, that drops to $8,192 — saving $1,632 per year. That's $683 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% | $5,238 |
| Leander | City | 0.4173% | $2,011 |
| Williamson County | County | 0.3694% | $1,781 |
| Austin Community College | special | 0.1034% | $498 |
| Williamson County FM/Rd | County | 0.0443% | $214 |
| Upper Brushy Creek WCID | Water | 0.0170% | $82 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $9,824 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $408,894 would pay approximately $2,552 per month (principal and interest only, excluding taxes and insurance).