1409 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $321,687 and $458,309, with a best estimate of $421,561. That places the property above the L101494H - North Creek Sec 1 & 2 median of $310,157, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$421,561
$299,039
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L101494H - North Creek Sec 1 & 2, this home's estimated market value is between $321,687 and $458,309. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$76,632 for 351 sqft more living space and -$881 for being older. Net adjustment: +$75,751.
Adjusted +$99,992 for 458 sqft more living space and -$881 for being older. Net adjustment: +$99,111.
Adjusted +$102,394 for 469 sqft more living space and -$881 for being older. Net adjustment: +$101,513.
Adjusted -$12,663 for 58 sqft less living space and -$881 for being older. Net adjustment: -$13,544.
Adjusted +$109,599 for 502 sqft more living space and -$881 for being older. Net adjustment: +$108,718.
The Neighborhood
This home is valued 3.6% below the L101494H - North Creek Sec 1 & 2 median of $310,157. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is -3.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,095 across all districts. With a homestead exemption claimed, that drops to $4,498 — saving $1,597 per year. That's $375 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% | $3,250 |
| Leander | City | 0.4173% | $1,248 |
| Williamson County | County | 0.3694% | $1,105 |
| Austin Community College | special | 0.1034% | $309 |
| Williamson County FM/Rd | County | 0.0443% | $133 |
| Upper Brushy Creek WCID | Water | 0.0170% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,095 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $421,561 would pay approximately $2,631 per month (principal and interest only, excluding taxes and insurance).