701 COVEWIND BND, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $558,142 and $744,794, with a best estimate of $673,695. That places the property above the L222421C - HORIZON LAKE R5 median of $645,588, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$673,695
$713,389
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L222421C - HORIZON LAKE R5, this home's estimated market value is between $558,142 and $744,794. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$109,267 for 322 sqft less living space. Net adjustment: -$109,267.
Adjusted +$5,090 for 15 sqft more living space. Net adjustment: +$5,090.
Adjusted -$86,871 for 256 sqft less living space. Net adjustment: -$86,871.
Adjusted -$170,009 for 501 sqft less living space. Net adjustment: -$170,009.
Adjusted -$13,913 for 41 sqft less living space. Net adjustment: -$13,913.
The Neighborhood
This home is valued 10.5% above the L222421C - HORIZON LAKE R5 median of $645,588. With 180 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.7% over the past year.
L222421C - HORIZON LAKE R5
typicalThis home is +10.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,541 across all districts. With a homestead exemption claimed, that drops to $12,858 — saving $1,683 per year. That's $1,072 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% | $7,754 |
| Leander | City | 0.4173% | $2,977 |
| Williamson County | County | 0.3694% | $2,636 |
| Austin Community College | special | 0.1034% | $738 |
| Williamson County FM/Rd | County | 0.0443% | $316 |
| Upper Brushy Creek WCID | Water | 0.0170% | $121 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $14,541 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $673,695 would pay approximately $4,205 per month (principal and interest only, excluding taxes and insurance).