1109 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $279,039 and $465,442, with a best estimate of $404,723. That places the property above the L138319C - ALTERRA median of $379,262, in a neighborhood that declined 7.7% over the past year.
Estimated Value Range
$404,723
$449,063
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L138319C - ALTERRA, this home's estimated market value is between $279,039 and $465,442. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$25,461 for 99 sqft more living space. Net adjustment: +$25,461.
Adjusted -$99,014 for 385 sqft less living space. Net adjustment: -$99,014.
Adjusted -$99,014 for 385 sqft less living space. Net adjustment: -$99,014.
Adjusted +$15,431 for 60 sqft more living space. Net adjustment: +$15,431.
Adjusted +$11,573 for 45 sqft more living space. Net adjustment: +$11,573.
The Neighborhood
This home is valued 18.4% above the L138319C - ALTERRA median of $379,262. With 61 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.7% over the past year.
L138319C - ALTERRA
above averageThis home is +18.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,154 across all districts. With a homestead exemption claimed, that drops to $7,528 — saving $1,626 per year. That's $627 per month a buyer should budget. The assessed value increased -1.6% vs the subdivision average of -7.7%. This above-average increase gives a protest opportunity score of 31 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $4,881 |
| Leander | City | 0.4173% | $1,874 |
| Williamson County | County | 0.3694% | $1,659 |
| Austin Community College | special | 0.1034% | $464 |
| Williamson County FM/Rd | County | 0.0443% | $199 |
| Upper Brushy Creek WCID | Water | 0.0170% | $76 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $9,154 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $404,723 would pay approximately $2,526 per month (principal and interest only, excluding taxes and insurance).