1305 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $291,106 and $357,731, with a best estimate of $337,485. 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
$337,485
$322,695
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L101494H - North Creek Sec 1 & 2, this home's estimated market value is between $291,106 and $357,731. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$74,230 for 340 sqft more living space and +$881 for being newer. Net adjustment: +$75,111.
Adjusted -$6,113 for 28 sqft less living space. Net adjustment: -$6,113.
Adjusted -$11,353 for 52 sqft less living space. Net adjustment: -$11,353.
Adjusted -$11,571 for 53 sqft less living space. Net adjustment: -$11,571.
Adjusted -$63,314 for 290 sqft less living space. Net adjustment: -$63,314.
The Neighborhood
This home is valued 4.0% 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 +4.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,578 across all districts. With a homestead exemption claimed, that drops to $4,976 — saving $1,602 per year. That's $415 per month a buyer should budget. The assessed value increased +7.5% vs the subdivision average of -3.9%. This above-average increase gives a protest opportunity score of 55 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,507 |
| Leander | City | 0.4173% | $1,347 |
| Williamson County | County | 0.3694% | $1,192 |
| 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% | $6,578 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $337,485 would pay approximately $2,107 per month (principal and interest only, excluding taxes and insurance).