1724 COTTON FARM TRL, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $612,643 and $933,851, with a best estimate of $642,183. That places the property below the L230314E - Mason Ranch median of $647,985, in a neighborhood that appreciated 4.8% over the past year.
Estimated Value Range
$642,183
$613,680
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L230314E - Mason Ranch, this home's estimated market value is between $612,643 and $933,851. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$160,359 for 672 sqft more living space. Net adjustment: +$160,359.
Adjusted +$55,839 for 234 sqft more living space and -$5,803 for being older. Net adjustment: +$50,036.
Adjusted +$44,147 for 185 sqft more living space. Net adjustment: +$44,147.
Adjusted +$8,352 for 35 sqft more living space. Net adjustment: +$8,352.
Adjusted +$116,690 for 489 sqft more living space and -$5,803 for being older. Net adjustment: +$110,887.
The Neighborhood
This home is valued 5.3% below the L230314E - Mason Ranch median of $647,985. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 4.8% over the past year.
L230314E - Mason Ranch
typicalThis home is -5.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,509 across all districts. With a homestead exemption claimed, that drops to $10,848 — saving $1,661 per year. That's $904 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% | $6,670 |
| Leander | City | 0.4173% | $2,561 |
| Williamson County | County | 0.3694% | $2,267 |
| Austin Community College | special | 0.1034% | $635 |
| Williamson County FM/Rd | County | 0.0443% | $272 |
| Upper Brushy Creek WCID | Water | 0.0170% | $104 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $12,509 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $642,183 would pay approximately $4,008 per month (principal and interest only, excluding taxes and insurance).