724 COVEWIND BND, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $553,052 and $742,340, with a best estimate of $668,605. That places the property above the L222421C - HORIZON LAKE R5 median of $645,588, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$668,605
$739,704
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L222421C - HORIZON LAKE R5, this home's estimated market value is between $553,052 and $742,340. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$114,357 for 337 sqft less living space. Net adjustment: -$114,357.
Adjusted -$91,961 for 271 sqft less living space. Net adjustment: -$91,961.
Adjusted -$175,099 for 516 sqft less living space. Net adjustment: -$175,099.
Adjusted -$19,003 for 56 sqft less living space. Net adjustment: -$19,003.
Adjusted +$9,502 for 28 sqft more living space. Net adjustment: +$9,502.
The Neighborhood
This home is valued 14.6% above the L222421C - HORIZON LAKE R5 median of $645,588. With 180 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.7% over the past year.
L222421C - HORIZON LAKE R5
typicalThis home is +14.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,078 across all districts. With a homestead exemption claimed, that drops to $13,389 — saving $1,689 per year. That's $1,116 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% | $8,040 |
| Leander | City | 0.4173% | $3,087 |
| Williamson County | County | 0.3694% | $2,733 |
| Austin Community College | special | 0.1034% | $765 |
| Williamson County FM/Rd | County | 0.0443% | $328 |
| Upper Brushy Creek WCID | Water | 0.0170% | $126 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $15,078 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $668,605 would pay approximately $4,173 per month (principal and interest only, excluding taxes and insurance).