1028 COTTON PATCH TRL, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $226,762 and $441,152, with a best estimate of $414,883. 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
$414,883
$409,035
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 $226,762 and $441,152. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$1,690 for 8 sqft more living space. Net adjustment: +$1,690.
Adjusted +$55,361 for 262 sqft more living space. Net adjustment: +$55,361.
Adjusted +$55,361 for 262 sqft more living space. Net adjustment: +$55,361.
Adjusted -$121,075 for 573 sqft less living space. Net adjustment: -$121,075.
Adjusted -$121,075 for 573 sqft less living space. Net adjustment: -$121,075.
The Neighborhood
This home is valued 6.1% above the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607. With 274 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.4% over the past year.
L237416D - MAGNOLIA CREEK SEC 2
typicalThis home is +6.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,338 across all districts. With a homestead exemption claimed, that drops to $6,720 — saving $1,618 per year. That's $560 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% | $4,446 |
| Leander | City | 0.4173% | $1,707 |
| Williamson County | County | 0.3694% | $1,511 |
| Austin Community College | special | 0.1034% | $423 |
| Williamson County FM/Rd | County | 0.0443% | $181 |
| Upper Brushy Creek WCID | Water | 0.0170% | $70 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,338 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $414,883 would pay approximately $2,590 per month (principal and interest only, excluding taxes and insurance).