1113 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $335,064 and $548,077, with a best estimate of $378,053. That places the property below the L138319C - ALTERRA median of $379,262, in a neighborhood that declined 7.7% over the past year.
Estimated Value Range
$378,053
$378,053
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 $335,064 and $548,077. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$99,014 for 385 sqft more living space. Net adjustment: +$99,014.
Adjusted +$27,004 for 105 sqft more living space. Net adjustment: +$27,004.
Adjusted +$124,475 for 484 sqft more living space. Net adjustment: +$124,475.
Adjusted +$7,973 for 31 sqft more living space. Net adjustment: +$7,973.
This comparable closely matches the subject property's features.
The Neighborhood
This home is in line with the L138319C - ALTERRA median of $379,262. Note that values in this subdivision declined 7.7% over the past year.
L138319C - ALTERRA
typicalThis home is -0.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,706 across all districts. With a homestead exemption claimed, that drops to $6,094 — saving $1,612 per year. That's $508 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% | $4,109 |
| Leander | City | 0.4173% | $1,578 |
| Williamson County | County | 0.3694% | $1,397 |
| Austin Community College | special | 0.1034% | $391 |
| Williamson County FM/Rd | County | 0.0443% | $168 |
| Upper Brushy Creek WCID | Water | 0.0170% | $64 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,706 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $378,053 would pay approximately $2,360 per month (principal and interest only, excluding taxes and insurance).