1304 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $299,954 and $532,953, with a best estimate of $482,416. That places the property above the L101494H - North Creek Sec 1 & 2 median of $310,157, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$482,416
$322,834
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $299,954 and $532,953. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$30,784 for 141 sqft less living space and -$8,805 for being older. Net adjustment: -$39,589.
Adjusted +$147,587 for 676 sqft more living space and -$7,925 for being older. Net adjustment: +$139,662.
Adjusted +$147,587 for 676 sqft more living space and -$7,925 for being older. Net adjustment: +$139,662.
Adjusted +$208,063 for 953 sqft more living space and -$7,925 for being older. Net adjustment: +$200,138.
Adjusted +$12,663 for 58 sqft more living space and -$16,730 for being older. Net adjustment: -$4,067.
The Neighborhood
This home is valued 4.1% above the L101494H - North Creek Sec 1 & 2 median of $310,157. With 986 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is +4.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,581 across all districts. With a homestead exemption claimed, that drops to $4,978 — saving $1,603 per year. That's $415 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% | $3,509 |
| Leander | City | 0.4173% | $1,347 |
| Williamson County | County | 0.3694% | $1,193 |
| Austin Community College | special | 0.1034% | $334 |
| Williamson County FM/Rd | County | 0.0443% | $143 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,581 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $482,416 would pay approximately $3,011 per month (principal and interest only, excluding taxes and insurance).