1508 FALCON OAKS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $598,225 and $1,570,552, with a best estimate of $664,288. That places the property above the L260D84I - Falcon Oaks, All Sections median of $313,702, in a neighborhood that appreciated 14.3% over the past year.
Estimated Value Range
$664,288
$505,125
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 $598,225 and $1,570,552. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$615,417 for 3,238 sqft more living space and -$56,428 for being older. Net adjustment: +$558,989.
Adjusted +$415,853 for 2,188 sqft more living space and -$130,914 for being older. Net adjustment: +$284,939.
Adjusted +$302,007 for 1,589 sqft more living space and -$144,457 for being older. Net adjustment: +$157,550.
Adjusted +$464,128 for 2,442 sqft more living space and -$135,428 for being older. Net adjustment: +$328,700.
Adjusted +$237,766 for 1,251 sqft more living space and -$178,314 for being older. Net adjustment: +$59,452.
The Neighborhood
This home is valued 61.0% above the L260D84I - Falcon Oaks, All Sections median of $313,702. With 45 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 14.3% over the past year.
L260D84I - Falcon Oaks, All Sections
outlier highThis home is +61.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,679 across all districts. With a homestead exemption claimed, that drops to $6,067 — saving $1,612 per year. That's $506 per month a buyer should budget. The assessed value increased +18.3% vs the subdivision average of +14.3%. This above-average increase gives a protest opportunity score of 60 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $4,094 |
| Leander | City | 0.4173% | $1,572 |
| Williamson County | County | 0.3694% | $1,392 |
| Austin Community College | special | 0.1034% | $390 |
| Williamson County FM/Rd | County | 0.0443% | $167 |
| Upper Brushy Creek WCID | Water | 0.0170% | $64 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,679 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $664,288 would pay approximately $4,146 per month (principal and interest only, excluding taxes and insurance).