1156 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $395,863 and $450,521, with a best estimate of $441,446. That places the property above the L138319C - ALTERRA median of $379,262, in a neighborhood that declined 7.7% over the past year.
Estimated Value Range
$441,446
$431,952
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L138319C - ALTERRA, this home's estimated market value is between $395,863 and $450,521. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$12,602 for 49 sqft less living space. Net adjustment: -$12,602.
Adjusted -$12,602 for 49 sqft less living space. Net adjustment: -$12,602.
Adjusted -$12,602 for 49 sqft less living space. Net adjustment: -$12,602.
Adjusted +$16,202 for 63 sqft more living space. Net adjustment: +$16,202.
Adjusted -$12,602 for 49 sqft less living space. Net adjustment: -$12,602.
The Neighborhood
This home is valued 13.9% above the L138319C - ALTERRA median of $379,262. With 61 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.7% over the past year.
L138319C - ALTERRA
typicalThis home is +13.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,805 across all districts. With a homestead exemption claimed, that drops to $7,182 — saving $1,623 per year. That's $599 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% | $4,695 |
| Leander | City | 0.4173% | $1,802 |
| Williamson County | County | 0.3694% | $1,596 |
| Austin Community College | special | 0.1034% | $447 |
| Williamson County FM/Rd | County | 0.0443% | $191 |
| Upper Brushy Creek WCID | Water | 0.0170% | $73 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,805 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $441,446 would pay approximately $2,755 per month (principal and interest only, excluding taxes and insurance).