240 FALCON LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $319,089 and $480,391, with a best estimate of $324,862. That places the property below the L121405G - SUMMERLYNN PULTE & CENTEX median of $329,526, in a neighborhood that declined 4.5% over the past year.
Estimated Value Range
$324,862
$306,698
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 $319,089 and $480,391. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$66,992 for 304 sqft more living space and -$768 for being older. Net adjustment: +$66,224.
Adjusted +$29,970 for 136 sqft more living space and -$768 for being older. Net adjustment: +$29,202.
Adjusted +$3,526 for 16 sqft more living space and +$8,443 for being newer. Net adjustment: +$11,969.
Adjusted +$66,992 for 304 sqft more living space and -$768 for being older. Net adjustment: +$66,224.
Adjusted +$7,713 for 35 sqft more living space and +$8,443 for being newer. Net adjustment: +$16,156.
The Neighborhood
This home is valued 6.9% below the L121405G - SUMMERLYNN PULTE & CENTEX median of $329,526. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.5% over the past year.
L121405G - SUMMERLYNN PULTE & CENTEX
typicalThis home is -6.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,756 across all districts. With a homestead exemption claimed, that drops to $5,177 — saving $1,579 per year. That's $431 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% | $3,334 |
| Williamson County MUD #13 | MUD | 0.5241% | $1,607 |
| Williamson County | County | 0.3694% | $1,133 |
| Austin Community College | special | 0.1034% | $317 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $228 |
| Williamson County FM/Rd | County | 0.0443% | $136 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.2027% | $6,756 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $324,862 would pay approximately $2,028 per month (principal and interest only, excluding taxes and insurance).