704 COVEWIND BND, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $704,058 and $890,710, with a best estimate of $819,611. That places the property above the L222421C - HORIZON LAKE R5 median of $645,588, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$819,611
$736,357
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L222421C - HORIZON LAKE R5, this home's estimated market value is between $704,058 and $890,710. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$36,649 for 108 sqft more living space. Net adjustment: +$36,649.
Adjusted +$151,006 for 445 sqft more living space. Net adjustment: +$151,006.
Adjusted +$59,045 for 174 sqft more living space. Net adjustment: +$59,045.
Adjusted -$24,093 for 71 sqft less living space. Net adjustment: -$24,093.
Adjusted +$132,003 for 389 sqft more living space. Net adjustment: +$132,003.
The Neighborhood
This home is valued 14.1% above the L222421C - HORIZON LAKE R5 median of $645,588. With 180 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.7% over the past year.
L222421C - HORIZON LAKE R5
typicalThis home is +14.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,010 across all districts. With a homestead exemption claimed, that drops to $13,321 — saving $1,689 per year. That's $1,110 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% | $8,003 |
| Leander | City | 0.4173% | $3,073 |
| Williamson County | County | 0.3694% | $2,720 |
| Austin Community College | special | 0.1034% | $761 |
| Williamson County FM/Rd | County | 0.0443% | $326 |
| Upper Brushy Creek WCID | Water | 0.0170% | $125 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $15,010 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $819,611 would pay approximately $5,116 per month (principal and interest only, excluding taxes and insurance).