1136 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $221,341 and $443,327, with a best estimate of $408,347. That places the property above the L138319C - ALTERRA median of $379,262, in a neighborhood that declined 7.7% over the past year.
Estimated Value Range
$408,347
$453,869
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L138319C - ALTERRA, this home's estimated market value is between $221,341 and $443,327. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$118,817 for 462 sqft less living space. Net adjustment: -$118,817.
Adjusted +$28,804 for 112 sqft more living space. Net adjustment: +$28,804.
Adjusted +$12,859 for 50 sqft more living space. Net adjustment: +$12,859.
Adjusted +$3,858 for 15 sqft more living space. Net adjustment: +$3,858.
Adjusted -$1,029 for 4 sqft less living space. Net adjustment: -$1,029.
The Neighborhood
This home is valued 19.7% above the L138319C - ALTERRA median of $379,262. With 61 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.7% over the past year.
L138319C - ALTERRA
above averageThis home is +19.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,251 across all districts. With a homestead exemption claimed, that drops to $7,625 — saving $1,626 per year. That's $635 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% | $4,933 |
| Leander | City | 0.4173% | $1,894 |
| Williamson County | County | 0.3694% | $1,677 |
| Austin Community College | special | 0.1034% | $469 |
| Williamson County FM/Rd | County | 0.0443% | $201 |
| Upper Brushy Creek WCID | Water | 0.0170% | $77 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $9,251 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $408,347 would pay approximately $2,549 per month (principal and interest only, excluding taxes and insurance).