1205 CORNITH LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $249,900 and $547,922, with a best estimate of $340,611. That places the property below the L228416E - MASON RANCH KB STANDARD median of $499,802, in a neighborhood that declined 3.1% over the past year.
Estimated Value Range
$340,611
$542,541
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $249,900 and $547,922. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$171,207 for 674 sqft less living space. Net adjustment: -$171,207.
Adjusted -$127,516 for 502 sqft less living space and -$17,862 for being older. Net adjustment: -$145,378.
Adjusted +$74,935 for 295 sqft more living space and +$44,656 for being newer. Net adjustment: +$119,591.
Adjusted +$36,578 for 144 sqft more living space and -$17,862 for being older. Net adjustment: +$18,716.
Adjusted -$65,790 for 259 sqft less living space and -$8,931 for being older. Net adjustment: -$74,721.
The Neighborhood
This home is valued 8.6% above the L228416E - MASON RANCH KB STANDARD median of $499,802. With 637 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.1% over the past year.
L228416E - MASON RANCH KB STANDARD
typicalThis home is +8.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,059 across all districts. With a homestead exemption claimed, that drops to $9,414 — saving $1,645 per year. That's $785 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% | $5,897 |
| Leander | City | 0.4173% | $2,264 |
| Williamson County | County | 0.3694% | $2,004 |
| Austin Community College | special | 0.1034% | $561 |
| Williamson County FM/Rd | County | 0.0443% | $241 |
| Upper Brushy Creek WCID | Water | 0.0170% | $92 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $11,059 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $340,611 would pay approximately $2,126 per month (principal and interest only, excluding taxes and insurance).