1303 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $175,248 and $321,700, with a best estimate of $196,651. That places the property below the L101494H - North Creek Sec 1 & 2 median of $310,157, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$196,651
$320,205
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L101494H - North Creek Sec 1 & 2, this home's estimated market value is between $175,248 and $321,700. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$76,195 for 349 sqft less living space. Net adjustment: -$76,195.
Adjusted -$101,084 for 463 sqft less living space and -$881 for being older. Net adjustment: -$101,965.
This comparable closely matches the subject property's features.
Adjusted -$126,410 for 579 sqft less living space and -$881 for being older. Net adjustment: -$127,291.
Adjusted -$105,014 for 481 sqft less living space and -$881 for being older. Net adjustment: -$105,895.
The Neighborhood
This home is valued 3.2% above the L101494H - North Creek Sec 1 & 2 median of $310,157. With 986 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is +3.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,527 across all districts. With a homestead exemption claimed, that drops to $4,925 — saving $1,602 per year. That's $410 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% | $3,480 |
| Leander | City | 0.4173% | $1,336 |
| Williamson County | County | 0.3694% | $1,183 |
| Austin Community College | special | 0.1034% | $331 |
| Williamson County FM/Rd | County | 0.0443% | $142 |
| Upper Brushy Creek WCID | Water | 0.0170% | $54 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,527 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $196,651 would pay approximately $1,227 per month (principal and interest only, excluding taxes and insurance).