1301 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $297,219 and $384,809, with a best estimate of $332,668. That places the property above 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
$332,668
$363,844
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 $297,219 and $384,809. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$55,454 for 254 sqft more living space. Net adjustment: +$55,454.
Adjusted +$30,129 for 138 sqft more living space. Net adjustment: +$30,129.
Adjusted +$6,113 for 28 sqft more living space. Net adjustment: +$6,113.
Adjusted +$57,637 for 264 sqft more living space and +$881 for being newer. Net adjustment: +$58,518.
Adjusted -$57,201 for 262 sqft less living space. Net adjustment: -$57,201.
The Neighborhood
This home is valued 17.3% 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
above averageThis home is +17.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,416 across all districts. With a homestead exemption claimed, that drops to $5,807 — saving $1,609 per year. That's $484 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% | $3,955 |
| Leander | City | 0.4173% | $1,518 |
| Williamson County | County | 0.3694% | $1,344 |
| Austin Community College | special | 0.1034% | $376 |
| Williamson County FM/Rd | County | 0.0443% | $161 |
| Upper Brushy Creek WCID | Water | 0.0170% | $62 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,416 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $332,668 would pay approximately $2,077 per month (principal and interest only, excluding taxes and insurance).