1236 CORNITH LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $424,377 and $597,635, with a best estimate of $526,610. That places the property above the L228416E - MASON RANCH KB STANDARD median of $499,802, in a neighborhood that declined 3.1% over the past year.
Estimated Value Range
$526,610
$455,708
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 $424,377 and $597,635. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$138,439 for 545 sqft more living space and -$26,793 for being older. Net adjustment: +$111,646.
Adjusted -$109,481 for 431 sqft less living space. Net adjustment: -$109,481.
Adjusted +$94,748 for 373 sqft more living space and -$8,931 for being older. Net adjustment: +$85,817.
Adjusted +$71,633 for 282 sqft more living space and +$35,725 for being newer. Net adjustment: +$107,358.
Adjusted +$12,193 for 48 sqft more living space and -$8,931 for being older. Net adjustment: +$3,262.
The Neighborhood
This home is valued 8.8% below the L228416E - MASON RANCH KB STANDARD median of $499,802. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.1% over the past year.
L228416E - MASON RANCH KB STANDARD
typicalThis home is -8.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,289 across all districts. With a homestead exemption claimed, that drops to $7,662 — saving $1,627 per year. That's $639 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% | $4,953 |
| Leander | City | 0.4173% | $1,902 |
| Williamson County | County | 0.3694% | $1,684 |
| Austin Community College | special | 0.1034% | $471 |
| Williamson County FM/Rd | County | 0.0443% | $202 |
| Upper Brushy Creek WCID | Water | 0.0170% | $77 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $9,289 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $526,610 would pay approximately $3,287 per month (principal and interest only, excluding taxes and insurance).