1012 COTTON PATCH TRL, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $336,525 and $529,408, with a best estimate of $392,994. That places the property above the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607, in a neighborhood that declined 7.4% over the past year.
Estimated Value Range
$392,994
$345,500
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L237416D - MAGNOLIA CREEK SEC 2, this home's estimated market value is between $336,525 and $529,408. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$634 for 3 sqft less living space. Net adjustment: -$634.
Adjusted -$7,184 for 34 sqft less living space and -$2,419 for being older. Net adjustment: -$9,603.
Adjusted -$634 for 3 sqft less living space. Net adjustment: -$634.
Adjusted -$78,815 for 373 sqft less living space. Net adjustment: -$78,815.
Adjusted +$116,215 for 550 sqft more living space. Net adjustment: +$116,215.
The Neighborhood
This home is valued 10.4% below the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.4% over the past year.
L237416D - MAGNOLIA CREEK SEC 2
typicalThis home is -10.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,043 across all districts. With a homestead exemption claimed, that drops to $5,436 — saving $1,607 per year. That's $453 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% | $3,755 |
| Leander | City | 0.4173% | $1,442 |
| Williamson County | County | 0.3694% | $1,276 |
| Austin Community College | special | 0.1034% | $357 |
| Williamson County FM/Rd | County | 0.0443% | $153 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,043 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $392,994 would pay approximately $2,453 per month (principal and interest only, excluding taxes and insurance).