1233 CORNITH LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $177,840 and $475,863, with a best estimate of $268,551. 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
$268,551
$493,160
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $177,840 and $475,863. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$14,987 for 59 sqft less living space and +$62,518 for being newer. Net adjustment: +$47,531.
Adjusted -$261,129 for 1,028 sqft less living space and +$17,862 for being newer. Net adjustment: -$243,267.
Adjusted -$53,343 for 210 sqft less living space. Net adjustment: -$53,343.
Adjusted -$217,438 for 856 sqft less living space. Net adjustment: -$217,438.
Adjusted -$155,712 for 613 sqft less living space and +$8,931 for being newer. Net adjustment: -$146,781.
The Neighborhood
This home is valued 1.3% 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 -1.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,052 across all districts. With a homestead exemption claimed, that drops to $8,419 — saving $1,633 per year. That's $702 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% | $5,360 |
| Leander | City | 0.4173% | $2,058 |
| Williamson County | County | 0.3694% | $1,822 |
| Austin Community College | special | 0.1034% | $510 |
| Williamson County FM/Rd | County | 0.0443% | $219 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $10,052 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $268,551 would pay approximately $1,676 per month (principal and interest only, excluding taxes and insurance).