1232 CORNITH LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $251,932 and $549,954, with a best estimate of $342,643. 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
$342,643
$513,275
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 $251,932 and $549,954. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$169,175 for 666 sqft less living space. Net adjustment: -$169,175.
Adjusted -$125,484 for 494 sqft less living space and -$17,862 for being older. Net adjustment: -$143,346.
Adjusted +$76,967 for 303 sqft more living space and +$44,656 for being newer. Net adjustment: +$121,623.
Adjusted +$38,610 for 152 sqft more living space and -$17,862 for being older. Net adjustment: +$20,748.
Adjusted -$63,758 for 251 sqft less living space and -$8,931 for being older. Net adjustment: -$72,689.
The Neighborhood
This home is valued 2.7% above the L228416E - MASON RANCH KB STANDARD median of $499,802. With 637 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.1% over the past year.
L228416E - MASON RANCH KB STANDARD
typicalThis home is +2.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,462 across all districts. With a homestead exemption claimed, that drops to $8,824 — saving $1,638 per year. That's $735 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% | $5,579 |
| Leander | City | 0.4173% | $2,142 |
| Williamson County | County | 0.3694% | $1,896 |
| Austin Community College | special | 0.1034% | $531 |
| Williamson County FM/Rd | County | 0.0443% | $228 |
| Upper Brushy Creek WCID | Water | 0.0170% | $87 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $10,462 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $342,643 would pay approximately $2,139 per month (principal and interest only, excluding taxes and insurance).