1241 CORNITH LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $312,731 and $485,989, with a best estimate of $400,214. That places the property below the L228416E - MASON RANCH KB STANDARD median of $499,802, in a neighborhood that declined 3.1% over the past year.
Estimated Value Range
$400,214
$395,278
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L228416E - MASON RANCH KB STANDARD. The estimated range of $312,731 and $485,989 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$7,112 for 28 sqft less living space and +$8,931 for being newer. Net adjustment: +$1,819.
Adjusted -$43,691 for 172 sqft less living space and +$17,862 for being newer. Net adjustment: -$25,829.
Adjusted -$8,637 for 34 sqft less living space and +$26,793 for being newer. Net adjustment: +$18,156.
Adjusted -$247,920 for 976 sqft less living space and +$26,793 for being newer. Net adjustment: -$221,127.
Adjusted -$66,806 for 263 sqft less living space and +$62,518 for being newer. Net adjustment: -$4,288.
The Neighborhood
This home is valued 20.9% below the L228416E - MASON RANCH KB STANDARD median of $499,802. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.1% over the past year.
L228416E - MASON RANCH KB STANDARD
below averageThis home is -20.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,057 across all districts. With a homestead exemption claimed, that drops to $6,442 — saving $1,615 per year. That's $537 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% | $4,296 |
| Leander | City | 0.4173% | $1,649 |
| Williamson County | County | 0.3694% | $1,460 |
| Austin Community College | special | 0.1034% | $409 |
| Williamson County FM/Rd | County | 0.0443% | $175 |
| Upper Brushy Creek WCID | Water | 0.0170% | $67 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,057 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $400,214 would pay approximately $2,498 per month (principal and interest only, excluding taxes and insurance).