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400 FALCON LN, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed1,241 sqftBuilt 2009

Property at a Glance

This home is estimated between $209,953 and $417,140, with a best estimate of $322,018. That places the property below the L121405G - SUMMERLYNN PULTE & CENTEX median of $329,526, in a neighborhood that declined 4.5% over the past year.

Estimated Value Range

$209,953 $417,140
Best Estimate
$322,018
WCAD Value
$331,943
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in L121405G - SUMMERLYNN PULTE & CENTEX, this home's estimated market value is between $209,953 and $417,140. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

404 FALCON LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,396 sqft Built 2011
Raw Value $298,533
Adjusted Value $265,911

Adjusted -$34,157 for 155 sqft less living space and +$1,535 for being newer. Net adjustment: -$32,622.

408 FALCON LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 2 bath 1,437 sqft Built 2006
Raw Value $424,927
Adjusted Value $379,432

Adjusted -$43,192 for 196 sqft less living space and -$2,303 for being older. Net adjustment: -$45,495.

316 FALCON LN, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 821 sqft Built 2009
Raw Value $324,586
Adjusted Value $417,140

Adjusted +$92,554 for 420 sqft more living space. Net adjustment: +$92,554.

401 FALCON LN, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 1,537 sqft Built 2011
Raw Value $385,712
Adjusted Value $322,018

Adjusted -$65,229 for 296 sqft less living space and +$1,535 for being newer. Net adjustment: -$63,694.

412 FALCON LN, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,685 sqft Built 2006
Raw Value $310,099
Adjusted Value $209,953

Adjusted -$97,843 for 444 sqft less living space and -$2,303 for being older. Net adjustment: -$100,146.

The Neighborhood

This home is in line with the L121405G - SUMMERLYNN PULTE & CENTEX median of $329,526. Note that values in this subdivision declined 4.5% over the past year.

L121405G - SUMMERLYNN PULTE & CENTEX

typical
1,278 Properties
$329,526 Median Value
-4.5% YoY Change
1% Have Pool
100% Have Garage
This Home
$331,943
Median
$329,526

This home is +0.7% above the subdivision median.

Tax Analysis

The estimated annual property tax is $7,312 across all districts. With a homestead exemption claimed, that drops to $5,729 — saving $1,583 per year. That's $477 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$3,608
Williamson County MUD #13MUD0.5241%$1,740
Williamson CountyCounty0.3694%$1,226
Austin Community Collegespecial0.1034%$343
Williamson County ESD #4 - Liberty HillESD0.0745%$247
Williamson County FM/RdCounty0.0443%$147
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.2027%$7,312

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $322,018 would pay approximately $2,010 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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