2033 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $471,149 and $507,713, with a best estimate of $479,407. That places the property below the L129414C - HAWKS LANDING R5 median of $560,051, in a neighborhood that appreciated 37.9% over the past year.
Estimated Value Range
$479,407
$490,726
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L129414C - HAWKS LANDING R5, this home's estimated market value is between $471,149 and $507,713. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$94,189 for 400 sqft more living space and -$16,851 for being older. Net adjustment: +$77,338.
Adjusted -$57,691 for 245 sqft less living space. Net adjustment: -$57,691.
Adjusted -$64,520 for 274 sqft less living space and -$16,851 for being older. Net adjustment: -$81,371.
This comparable closely matches the subject property's features.
Adjusted -$90,657 for 385 sqft less living space. Net adjustment: -$90,657.
The Neighborhood
This home is valued 12.4% below the L129414C - HAWKS LANDING R5 median of $560,051. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 37.9% over the past year.
L129414C - HAWKS LANDING R5
typicalThis home is -12.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,003 across all districts. With a homestead exemption claimed, that drops to $8,370 — saving $1,633 per year. That's $698 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% | $5,334 |
| Leander | City | 0.4173% | $2,048 |
| Williamson County | County | 0.3694% | $1,813 |
| Austin Community College | special | 0.1034% | $507 |
| Williamson County FM/Rd | County | 0.0443% | $218 |
| Upper Brushy Creek WCID | Water | 0.0170% | $83 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $10,003 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $479,407 would pay approximately $2,992 per month (principal and interest only, excluding taxes and insurance).