515 FALCON LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $225,517 and $404,814, with a best estimate of $355,239. That places the property above the L121405G - SUMMERLYNN PULTE & CENTEX median of $329,526, in a neighborhood that declined 4.5% over the past year.
Estimated Value Range
$355,239
$424,908
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 $225,517 and $404,814. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$24,681 for 112 sqft less living space. Net adjustment: -$24,681.
Adjusted -$30,851 for 140 sqft less living space and -$768 for being older. Net adjustment: -$31,619.
Adjusted +$59,719 for 271 sqft more living space and -$768 for being older. Net adjustment: +$58,951.
Adjusted -$92,334 for 419 sqft less living space. Net adjustment: -$92,334.
Adjusted +$63,906 for 290 sqft more living space. Net adjustment: +$63,906.
The Neighborhood
This home is valued 28.9% above the L121405G - SUMMERLYNN PULTE & CENTEX median of $329,526. With 1,278 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.5% over the past year.
L121405G - SUMMERLYNN PULTE & CENTEX
above averageThis home is +28.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,359 across all districts. With a homestead exemption claimed, that drops to $7,759 — saving $1,600 per year. That's $647 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% | $4,618 |
| Williamson County MUD #13 | MUD | 0.5241% | $2,227 |
| Williamson County | County | 0.3694% | $1,570 |
| Austin Community College | special | 0.1034% | $439 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $317 |
| Williamson County FM/Rd | County | 0.0443% | $188 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.2027% | $9,359 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $355,239 would pay approximately $2,217 per month (principal and interest only, excluding taxes and insurance).