721 COVEWIND BND, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $487,559 and $676,847, with a best estimate of $603,112. That places the property below the L222421C - HORIZON LAKE R5 median of $645,588, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$603,112
$715,113
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L222421C - HORIZON LAKE R5, this home's estimated market value is between $487,559 and $676,847. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$179,850 for 530 sqft less living space. Net adjustment: -$179,850.
Adjusted -$65,493 for 193 sqft less living space. Net adjustment: -$65,493.
Adjusted -$240,592 for 709 sqft less living space. Net adjustment: -$240,592.
Adjusted -$84,496 for 249 sqft less living space. Net adjustment: -$84,496.
Adjusted -$55,991 for 165 sqft less living space. Net adjustment: -$55,991.
The Neighborhood
This home is valued 10.8% above the L222421C - HORIZON LAKE R5 median of $645,588. With 180 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.7% over the past year.
L222421C - HORIZON LAKE R5
typicalThis home is +10.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,577 across all districts. With a homestead exemption claimed, that drops to $12,893 — saving $1,684 per year. That's $1,074 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% | $7,773 |
| Leander | City | 0.4173% | $2,984 |
| Williamson County | County | 0.3694% | $2,642 |
| Austin Community College | special | 0.1034% | $739 |
| Williamson County FM/Rd | County | 0.0443% | $317 |
| Upper Brushy Creek WCID | Water | 0.0170% | $122 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $14,577 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $603,112 would pay approximately $3,765 per month (principal and interest only, excluding taxes and insurance).