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816 ALTA WAY, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath1,843 sqftBuilt 2019

Property at a Glance

This home is estimated between $333,522 and $430,991, with a best estimate of $393,280. 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

$333,522 $430,991
Best Estimate
$393,280
WCAD Value
$370,950
High Confidence

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 $333,522 and $430,991. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

820 ALTA WAY, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,920 sqft Built 2019
Raw Value $353,325
Adjusted Value $333,522

Adjusted -$19,803 for 77 sqft less living space. Net adjustment: -$19,803.

812 ALTA WAY, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
4 bed 3 bath 1,843 sqft Built 2019
Raw Value $368,625
Adjusted Value $368,625

This comparable closely matches the subject property's features.

1105 CAPRA LN, LEANDER, TX 78641
0.04 mi 100% similar Same subdivision
3 bed 2 bath 1,502 sqft Built 2019
Raw Value $335,694
Adjusted Value $423,392

Adjusted +$87,698 for 341 sqft more living space. Net adjustment: +$87,698.

1108 WATERFALL AVE, LEANDER, TX 78641
0.05 mi 100% similar Same subdivision
4 bed 2 bath 1,792 sqft Built 2020
Raw Value $380,164
Adjusted Value $393,280

Adjusted +$13,116 for 51 sqft more living space. Net adjustment: +$13,116.

1120 CAPRA LN, LEANDER, TX 78641
0.04 mi 100% similar Same subdivision
3 bed 2 bath 1,439 sqft Built 2019
Raw Value $327,091
Adjusted Value $430,991

Adjusted +$103,900 for 404 sqft more living space. Net adjustment: +$103,900.

The Neighborhood

This home is valued 2.2% below the L138319C - ALTERRA median of $379,262. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.7% over the past year.

L138319C - ALTERRA

typical
61 Properties
$379,262 Median Value
-7.7% YoY Change
0% Have Pool
100% Have Garage
This Home
$370,950
Median
$379,262

This home is -2.2% below the subdivision median.

Tax Analysis

The estimated annual property tax is $7,561 across all districts. With a homestead exemption claimed, that drops to $5,950 — saving $1,611 per year. That's $496 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$4,032
LeanderCity0.4173%$1,548
Williamson CountyCounty0.3694%$1,370
Austin Community Collegespecial0.1034%$384
Williamson County FM/RdCounty0.0443%$164
Upper Brushy Creek WCIDWater0.0170%$63
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$7,561

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $393,280 would pay approximately $2,455 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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