2016 FALL CREEK DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $282,061 and $549,433, with a best estimate of $313,202. That places the property below the L484400G - Horizon Park Sec 1 Thru 7 median of $341,538, in a neighborhood that declined 3.8% over the past year.
Estimated Value Range
$313,202
$518,253
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L484400G - Horizon Park Sec 1 Thru 7, this home's estimated market value is between $282,061 and $549,433. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$70,500 for 339 sqft less living space and +$4,395 for being newer. Net adjustment: -$66,105.
Adjusted +$86,722 for 417 sqft more living space. Net adjustment: +$86,722.
Adjusted +$57,814 for 278 sqft more living space. Net adjustment: +$57,814.
Adjusted -$61,558 for 296 sqft less living space and +$4,395 for being newer. Net adjustment: -$57,163.
Adjusted -$123,531 for 594 sqft less living space and +$13,185 for being newer. Net adjustment: -$110,346.
The Neighborhood
This home is valued 51.7% above the L484400G - Horizon Park Sec 1 Thru 7 median of $341,538. With 777 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.8% over the past year.
L484400G - Horizon Park Sec 1 Thru 7
outlier highThis home is +51.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,564 across all districts. With a homestead exemption claimed, that drops to $8,925 — saving $1,639 per year. That's $744 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% | $5,633 |
| Leander | City | 0.4173% | $2,163 |
| Williamson County | County | 0.3694% | $1,915 |
| Austin Community College | special | 0.1034% | $536 |
| Williamson County FM/Rd | County | 0.0443% | $230 |
| Upper Brushy Creek WCID | Water | 0.0170% | $88 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $10,564 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $313,202 would pay approximately $1,955 per month (principal and interest only, excluding taxes and insurance).