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428 FALCON LN, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed2 bath1,537 sqftBuilt 2006

Property at a Glance

This home is estimated between $248,631 and $446,964, with a best estimate of $273,294. 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

$248,631 $446,964
Best Estimate
$273,294
WCAD Value
$386,490
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 $248,631 and $446,964. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

432 FALCON LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,713 sqft Built 2006
Raw Value $308,931
Adjusted Value $270,146

Adjusted -$38,785 for 176 sqft less living space. Net adjustment: -$38,785.

424 FALCON LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
4 bed 2 bath 1,437 sqft Built 2006
Raw Value $424,927
Adjusted Value $446,964

Adjusted +$22,037 for 100 sqft more living space. Net adjustment: +$22,037.

436 FALCON LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,154 sqft Built 2006
Raw Value $357,433
Adjusted Value $441,834

Adjusted +$84,401 for 383 sqft more living space. Net adjustment: +$84,401.

420 FALCON LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,690 sqft Built 2006
Raw Value $307,010
Adjusted Value $273,294

Adjusted -$33,716 for 153 sqft less living space. Net adjustment: -$33,716.

416 FALCON LN, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,848 sqft Built 2006
Raw Value $317,165
Adjusted Value $248,631

Adjusted -$68,534 for 311 sqft less living space. Net adjustment: -$68,534.

The Neighborhood

This home is valued 17.3% 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 average
1,278 Properties
$329,526 Median Value
-4.5% YoY Change
1% Have Pool
100% Have Garage
This Home
$386,490
Median
$329,526

This home is +17.3% above the subdivision median.

Tax Analysis

The estimated annual property tax is $8,513 across all districts. With a homestead exemption claimed, that drops to $6,920 — saving $1,593 per year. That's $577 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%$4,201
Williamson County MUD #13MUD0.5241%$2,026
Williamson CountyCounty0.3694%$1,428
Austin Community Collegespecial0.1034%$400
Williamson County ESD #4 - Liberty HillESD0.0745%$288
Williamson County FM/RdCounty0.0443%$171
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.2027%$8,513

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $273,294 would pay approximately $1,706 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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