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173 PRAIRIE FALCON WAY, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath640 sqftBuilt 2021

Property at a Glance

This home is estimated between $254,706 and $272,943, with a best estimate of $254,706. That places the property below the L121521G - SUMMELYN PULTE & CENTEX R4'S median of $339,602, in a neighborhood that declined 8.3% over the past year.

Estimated Value Range

$254,706 $272,943
Best Estimate
$254,706
WCAD Value
$310,532
High Confidence

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

Based on 5 comparable properties in L121521G - SUMMELYN PULTE & CENTEX R4'S, this home's estimated market value is between $254,706 and $272,943. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

177 PRAIRIE FALCON WAY, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 924 sqft Built 2021
Raw Value $341,345
Adjusted Value $254,706

Adjusted -$86,639 for 284 sqft less living space. Net adjustment: -$86,639.

157 PRAIRIE FALCON WAY, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 924 sqft Built 2021
Raw Value $341,345
Adjusted Value $254,706

Adjusted -$86,639 for 284 sqft less living space. Net adjustment: -$86,639.

180 PRAIRIE FALCON WAY, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 796 sqft Built 2022
Raw Value $327,522
Adjusted Value $272,943

Adjusted -$47,590 for 156 sqft less living space and -$6,989 for being older. Net adjustment: -$54,579.

172 PRAIRIE FALCON WAY, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 924 sqft Built 2021
Raw Value $341,345
Adjusted Value $254,706

Adjusted -$86,639 for 284 sqft less living space. Net adjustment: -$86,639.

168 PRAIRIE FALCON WAY, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 796 sqft Built 2022
Raw Value $325,585
Adjusted Value $271,006

Adjusted -$47,590 for 156 sqft less living space and -$6,989 for being older. Net adjustment: -$54,579.

The Neighborhood

This home is valued 8.6% below the L121521G - SUMMELYN PULTE & CENTEX R4'S median of $339,602. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.3% over the past year.

L121521G - SUMMELYN PULTE & CENTEX R4'S

typical
449 Properties
$339,602 Median Value
-8.3% YoY Change
0% Have Pool
100% Have Garage
This Home
$310,532
Median
$339,602

This home is -8.6% below the subdivision median.

Tax Analysis

The estimated annual property tax is $6,670 across all districts. With a homestead exemption claimed, that drops to $5,068 — saving $1,602 per year. That's $422 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%$3,375
Liberty HillCity0.4694%$1,458
Williamson CountyCounty0.3694%$1,147
Austin Community Collegespecial0.1034%$321
Williamson County ESD #4 - Liberty HillESD0.0745%$231
Williamson County FM/RdCounty0.0443%$138
Summerlyn West PIDpid0.0000%$0
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T17)other0.0000%$0
Total Annual Tax2.1480%$6,670

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $254,706 would pay approximately $1,590 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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