720 COVEWIND BND, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $649,424 and $836,076, with a best estimate of $764,977. That places the property above the L222421C - HORIZON LAKE R5 median of $645,588, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$764,977
$770,593
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 $649,424 and $836,076. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$17,985 for 53 sqft less living space. Net adjustment: -$17,985.
Adjusted +$96,372 for 284 sqft more living space. Net adjustment: +$96,372.
Adjusted +$4,411 for 13 sqft more living space. Net adjustment: +$4,411.
Adjusted -$78,727 for 232 sqft less living space. Net adjustment: -$78,727.
Adjusted +$77,369 for 228 sqft more living space. Net adjustment: +$77,369.
The Neighborhood
This home is valued 19.4% 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
above averageThis home is +19.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,707 across all districts. With a homestead exemption claimed, that drops to $14,011 — saving $1,696 per year. That's $1,168 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% | $8,376 |
| Leander | City | 0.4173% | $3,216 |
| Williamson County | County | 0.3694% | $2,847 |
| Austin Community College | special | 0.1034% | $797 |
| Williamson County FM/Rd | County | 0.0443% | $342 |
| Upper Brushy Creek WCID | Water | 0.0170% | $131 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $15,707 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $764,977 would pay approximately $4,775 per month (principal and interest only, excluding taxes and insurance).