728 COVEWIND BND, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $700,664 and $887,317, with a best estimate of $816,218. That places the property above the L222421C - HORIZON LAKE R5 median of $645,588, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$816,218
$724,068
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L222421C - HORIZON LAKE R5, this home's estimated market value is between $700,664 and $887,317. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$33,255 for 98 sqft more living space. Net adjustment: +$33,255.
Adjusted +$147,613 for 435 sqft more living space. Net adjustment: +$147,613.
Adjusted +$55,652 for 164 sqft more living space. Net adjustment: +$55,652.
Adjusted -$27,487 for 81 sqft less living space. Net adjustment: -$27,487.
Adjusted +$128,610 for 379 sqft more living space. Net adjustment: +$128,610.
The Neighborhood
This home is valued 12.2% above the L222421C - HORIZON LAKE R5 median of $645,588. With 180 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.7% over the past year.
L222421C - HORIZON LAKE R5
typicalThis home is +12.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,759 across all districts. With a homestead exemption claimed, that drops to $13,073 — saving $1,686 per year. That's $1,089 per month a buyer should budget. The assessed value increased +6.5% vs the subdivision average of -0.7%. This above-average increase gives a protest opportunity score of 51 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $7,870 |
| Leander | City | 0.4173% | $3,021 |
| Williamson County | County | 0.3694% | $2,675 |
| Austin Community College | special | 0.1034% | $749 |
| Williamson County FM/Rd | County | 0.0443% | $321 |
| Upper Brushy Creek WCID | Water | 0.0170% | $123 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $14,759 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $816,218 would pay approximately $5,095 per month (principal and interest only, excluding taxes and insurance).