1024 COTTON PATCH TRL, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $353,674 and $385,791, with a best estimate of $359,523. That places the property below the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607, in a neighborhood that declined 7.4% over the past year.
Estimated Value Range
$359,523
$390,637
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L237416D - MAGNOLIA CREEK SEC 2, this home's estimated market value is between $353,674 and $385,791. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$53,670 for 254 sqft less living space. Net adjustment: -$53,670.
This comparable closely matches the subject property's features.
Adjusted -$55,361 for 262 sqft less living space. Net adjustment: -$55,361.
This comparable closely matches the subject property's features.
Adjusted -$56,628 for 268 sqft less living space. Net adjustment: -$56,628.
The Neighborhood
This home is valued 1.3% above the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607. With 274 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.4% over the past year.
L237416D - MAGNOLIA CREEK SEC 2
typicalThis home is +1.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,963 across all districts. With a homestead exemption claimed, that drops to $6,348 — saving $1,615 per year. That's $529 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% | $4,246 |
| Leander | City | 0.4173% | $1,630 |
| Williamson County | County | 0.3694% | $1,443 |
| Austin Community College | special | 0.1034% | $404 |
| Williamson County FM/Rd | County | 0.0443% | $173 |
| Upper Brushy Creek WCID | Water | 0.0170% | $66 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,963 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $359,523 would pay approximately $2,244 per month (principal and interest only, excluding taxes and insurance).