1117 COTTON PATCH TRL, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $361,676 and $539,011, with a best estimate of $418,727. That places the property above the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607, in a neighborhood that declined 7.4% over the past year.
Estimated Value Range
$418,727
$346,128
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L237416D - MAGNOLIA CREEK SEC 2, this home's estimated market value is between $361,676 and $539,011. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$6,550 for 31 sqft more living space and +$2,419 for being newer. Net adjustment: +$8,969.
Adjusted +$6,550 for 31 sqft more living space and +$2,419 for being newer. Net adjustment: +$8,969.
Adjusted -$71,631 for 339 sqft less living space and +$2,419 for being newer. Net adjustment: -$69,212.
Adjusted +$123,399 for 584 sqft more living space and +$2,419 for being newer. Net adjustment: +$125,818.
Adjusted +$6,550 for 31 sqft more living space and +$2,419 for being newer. Net adjustment: +$8,969.
The Neighborhood
This home is valued 10.2% below the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.4% over the past year.
L237416D - MAGNOLIA CREEK SEC 2
typicalThis home is -10.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,055 across all districts. With a homestead exemption claimed, that drops to $5,449 — saving $1,606 per year. That's $454 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% | $3,762 |
| Leander | City | 0.4173% | $1,444 |
| Williamson County | County | 0.3694% | $1,279 |
| Austin Community College | special | 0.1034% | $358 |
| Williamson County FM/Rd | County | 0.0443% | $153 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,055 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $418,727 would pay approximately $2,614 per month (principal and interest only, excluding taxes and insurance).