1221 CORNITH LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $371,917 and $545,175, with a best estimate of $454,464. That places the property below the L228416E - MASON RANCH KB STANDARD median of $499,802, in a neighborhood that declined 3.1% over the past year.
Estimated Value Range
$454,464
$423,692
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $371,917 and $545,175. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$52,073 for 205 sqft more living space and +$8,931 for being newer. Net adjustment: +$61,004.
Adjusted +$59,186 for 233 sqft more living space. Net adjustment: +$59,186.
Adjusted -$188,734 for 743 sqft less living space and +$26,793 for being newer. Net adjustment: -$161,941.
Adjusted +$15,495 for 61 sqft more living space and +$17,862 for being newer. Net adjustment: +$33,357.
Adjusted +$50,549 for 199 sqft more living space and +$26,793 for being newer. Net adjustment: +$77,342.
The Neighborhood
This home is valued 15.2% below the L228416E - MASON RANCH KB STANDARD median of $499,802. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.1% over the past year.
L228416E - MASON RANCH KB STANDARD
below averageThis home is -15.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,636 across all districts. With a homestead exemption claimed, that drops to $7,016 — saving $1,620 per year. That's $585 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% | $4,605 |
| Leander | City | 0.4173% | $1,768 |
| Williamson County | County | 0.3694% | $1,565 |
| Austin Community College | special | 0.1034% | $438 |
| Williamson County FM/Rd | County | 0.0443% | $188 |
| Upper Brushy Creek WCID | Water | 0.0170% | $72 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,636 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $454,464 would pay approximately $2,837 per month (principal and interest only, excluding taxes and insurance).