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511 FALCON LN, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed2 bath1,537 sqftBuilt 2007

Property at a Glance

This home is estimated between $250,198 and $449,589, with a best estimate of $423,168. That places the property above the L121405G - SUMMERLYNN PULTE & CENTEX median of $329,526, in a neighborhood that declined 4.5% over the past year.

Estimated Value Range

$250,198 $449,589
Best Estimate
$423,168
WCAD Value
$379,920
High Confidence

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

Based on 5 comparable properties in L121405G - SUMMERLYNN PULTE & CENTEX, this home's estimated market value is between $250,198 and $449,589. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

515 FALCON LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
4 bed 2 bath 1,425 sqft Built 2007
Raw Value $424,908
Adjusted Value $449,589

Adjusted +$24,681 for 112 sqft more living space. Net adjustment: +$24,681.

104 PAINTED BUNTING CV, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,135 sqft Built 2007
Raw Value $334,580
Adjusted Value $423,168

Adjusted +$88,588 for 402 sqft more living space. Net adjustment: +$88,588.

100 PAINTED BUNTING CV, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,844 sqft Built 2007
Raw Value $317,851
Adjusted Value $250,198

Adjusted -$67,653 for 307 sqft less living space. Net adjustment: -$67,653.

101 PURPLE MARTIN CV, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
4 bed 2 bath 1,565 sqft Built 2006
Raw Value $380,647
Adjusted Value $373,709

Adjusted -$6,170 for 28 sqft less living space and -$768 for being older. Net adjustment: -$6,938.

105 PURPLE MARTIN CV, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,154 sqft Built 2006
Raw Value $345,863
Adjusted Value $429,496

Adjusted +$84,401 for 383 sqft more living space and -$768 for being older. Net adjustment: +$83,633.

The Neighborhood

This home is valued 15.3% above the L121405G - SUMMERLYNN PULTE & CENTEX median of $329,526. With 1,278 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.5% over the past year.

L121405G - SUMMERLYNN PULTE & CENTEX

above average
1,278 Properties
$329,526 Median Value
-4.5% YoY Change
1% Have Pool
100% Have Garage
This Home
$379,920
Median
$329,526

This home is +15.3% above the subdivision median.

Tax Analysis

The estimated annual property tax is $8,368 across all districts. With a homestead exemption claimed, that drops to $6,777 — saving $1,591 per year. That's $565 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%$4,129
Williamson County MUD #13MUD0.5241%$1,991
Williamson CountyCounty0.3694%$1,404
Austin Community Collegespecial0.1034%$393
Williamson County ESD #4 - Liberty HillESD0.0745%$283
Williamson County FM/RdCounty0.0443%$168
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.2027%$8,368

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $423,168 would pay approximately $2,641 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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