1128 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $177,878 and $386,828, with a best estimate of $258,559. That places the property below the L138319C - ALTERRA median of $379,262, in a neighborhood that declined 7.7% over the past year.
Estimated Value Range
$258,559
$376,735
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L138319C - ALTERRA, this home's estimated market value is between $177,878 and $386,828. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$135,533 for 527 sqft less living space. Net adjustment: -$135,533.
Adjusted +$14,145 for 55 sqft more living space. Net adjustment: +$14,145.
Adjusted -$124,217 for 483 sqft less living space. Net adjustment: -$124,217.
Adjusted -$39,091 for 152 sqft less living space. Net adjustment: -$39,091.
Adjusted -$135,533 for 527 sqft less living space. Net adjustment: -$135,533.
The Neighborhood
This home is in line with the L138319C - ALTERRA median of $379,262. Note that values in this subdivision declined 7.7% over the past year.
L138319C - ALTERRA
typicalThis home is -0.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,679 across all districts. With a homestead exemption claimed, that drops to $6,067 — saving $1,612 per year. That's $506 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% | $4,095 |
| Leander | City | 0.4173% | $1,572 |
| Williamson County | County | 0.3694% | $1,392 |
| Austin Community College | special | 0.1034% | $390 |
| Williamson County FM/Rd | County | 0.0443% | $167 |
| Upper Brushy Creek WCID | Water | 0.0170% | $64 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,679 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $258,559 would pay approximately $1,614 per month (principal and interest only, excluding taxes and insurance).