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2045 WATERFALL AVE, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed3 bath2,215 sqftBuilt 2019

Property at a Glance

This home is estimated between $479,407 and $704,312, with a best estimate of $597,740. That places the property above the L129414C - HAWKS LANDING R5 median of $560,051, in a neighborhood that appreciated 37.9% over the past year.

Estimated Value Range

$479,407 $704,312
Best Estimate
$597,740
WCAD Value
$491,083
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in L129414C - HAWKS LANDING R5, this home's estimated market value is between $479,407 and $704,312. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

2041 WATERFALL AVE, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 2,460 sqft Built 2019
Raw Value $537,098
Adjusted Value $479,407

Adjusted -$57,691 for 245 sqft less living space. Net adjustment: -$57,691.

604 STERLING RIDGE DR, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 3 bath 1,878 sqft Built 2021
Raw Value $552,088
Adjusted Value $597,740

Adjusted +$79,354 for 337 sqft more living space and -$33,702 for being older. Net adjustment: +$45,652.

2033 WATERFALL AVE, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 3 bath 2,215 sqft Built 2019
Raw Value $490,726
Adjusted Value $490,726

This comparable closely matches the subject property's features.

2025 HAWKES CV, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
5 bed 3 bath 1,746 sqft Built 2019
Raw Value $593,875
Adjusted Value $704,312

Adjusted +$110,437 for 469 sqft more living space. Net adjustment: +$110,437.

613 STERLING RIDGE RD, LEANDER, TX 78641
0.04 mi 100% similar Same subdivision
4 bed 3 bath 1,676 sqft Built 2021
Raw Value $557,314
Adjusted Value $650,532

Adjusted +$126,920 for 539 sqft more living space and -$33,702 for being older. Net adjustment: +$93,218.

The Neighborhood

This home is valued 12.3% below the L129414C - HAWKS LANDING R5 median of $560,051. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 37.9% over the past year.

L129414C - HAWKS LANDING R5

typical
402 Properties
$560,051 Median Value
+37.9% YoY Change
0% Have Pool
100% Have Garage
This Home
$491,083
Median
$560,051

This home is -12.3% below the subdivision median.

Tax Analysis

The estimated annual property tax is $10,010 across all districts. With a homestead exemption claimed, that drops to $8,377 — saving $1,633 per year. That's $698 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$5,338
LeanderCity0.4173%$2,049
Williamson CountyCounty0.3694%$1,814
Austin Community Collegespecial0.1034%$508
Williamson County FM/RdCounty0.0443%$218
Upper Brushy Creek WCIDWater0.0170%$83
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$10,010

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $597,740 would pay approximately $3,731 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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