224 FALCON LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $240,474 and $329,296, with a best estimate of $291,839. 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
$291,839
$414,167
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $240,474 and $329,296. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$37,022 for 168 sqft less living space. Net adjustment: -$37,022.
This comparable closely matches the subject property's features.
Adjusted -$66,992 for 304 sqft less living space and +$768 for being newer. Net adjustment: -$66,224.
Adjusted +$441 for 2 sqft more living space. Net adjustment: +$441.
Adjusted +$5,509 for 25 sqft more living space and +$9,210 for being newer. Net adjustment: +$14,719.
The Neighborhood
This home is valued 25.7% 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 +25.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,123 across all districts. With a homestead exemption claimed, that drops to $7,525 — saving $1,598 per year. That's $627 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% | $4,502 |
| Williamson County MUD #13 | MUD | 0.5241% | $2,171 |
| Williamson County | County | 0.3694% | $1,530 |
| Austin Community College | special | 0.1034% | $428 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $309 |
| Williamson County FM/Rd | County | 0.0443% | $184 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.2027% | $9,123 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $291,839 would pay approximately $1,822 per month (principal and interest only, excluding taxes and insurance).