1000 COTTON PATCH TRL, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $343,075 and $535,958, with a best estimate of $399,544. That places the property above the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607, in a neighborhood that declined 7.4% over the past year.
Estimated Value Range
$399,544
$353,634
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L237416D - MAGNOLIA CREEK SEC 2, this home's estimated market value is between $343,075 and $535,958. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$5,916 for 28 sqft more living space. Net adjustment: +$5,916.
Adjusted -$634 for 3 sqft less living space and -$2,419 for being older. Net adjustment: -$3,053.
Adjusted +$5,916 for 28 sqft more living space. Net adjustment: +$5,916.
Adjusted -$72,265 for 342 sqft less living space. Net adjustment: -$72,265.
Adjusted +$122,765 for 581 sqft more living space. Net adjustment: +$122,765.
The Neighborhood
This home is valued 8.3% below the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.4% over the past year.
L237416D - MAGNOLIA CREEK SEC 2
typicalThis home is -8.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,208 across all districts. With a homestead exemption claimed, that drops to $5,600 — saving $1,608 per year. That's $467 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% | $3,844 |
| Leander | City | 0.4173% | $1,476 |
| Williamson County | County | 0.3694% | $1,306 |
| Austin Community College | special | 0.1034% | $366 |
| Williamson County FM/Rd | County | 0.0443% | $157 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,208 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $399,544 would pay approximately $2,494 per month (principal and interest only, excluding taxes and insurance).