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1504 FALCON OAKS DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed1,164 sqftBuilt 1982

Property at a Glance

This home is estimated between $240,200 and $589,379, with a best estimate of $247,203. That places the property below the L260D84I - Falcon Oaks, All Sections median of $313,702, in a neighborhood that appreciated 14.3% over the past year.

Estimated Value Range

$240,200 $589,379
Best Estimate
$247,203
WCAD Value
$219,735
Low Confidence

Based on 5 comparable properties(1 in the same subdivision)

There are 5 comparable properties within range, but few are in L260D84I - Falcon Oaks, All Sections. The estimated range of $240,200 and $589,379 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 1,252 sqft Built 1985
Raw Value $272,996
Adjusted Value $249,500

Adjusted -$16,725 for 88 sqft less living space and -$6,771 for being older. Net adjustment: -$23,496.

1801 FALCON OAKS DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
2 bed 1 bath 1,224 sqft Built 1986
Raw Value $260,633
Adjusted Value $240,200

Adjusted -$11,404 for 60 sqft less living space and -$9,029 for being older. Net adjustment: -$20,433.

3 bed 2 bath 1,272 sqft Built 1986
Raw Value $276,759
Adjusted Value $247,203

Adjusted -$20,527 for 108 sqft less living space and -$9,029 for being older. Net adjustment: -$29,556.

17 FAIR OAKS, LEANDER, TX 78641
0.00 mi 98% similar
4 bed 2 bath 1,227 sqft Built 1983
Raw Value $609,845
Adjusted Value $589,379

Adjusted -$11,974 for 63 sqft less living space and -$2,257 for being older and -$6,235 for no pool. Net adjustment: -$20,466.

3 bed 2 bath 1,363 sqft Built 1985
Raw Value $288,158
Adjusted Value $243,565

Adjusted -$37,822 for 199 sqft less living space and -$6,771 for being older. Net adjustment: -$44,593.

The Neighborhood

This home is valued 30.0% below the L260D84I - Falcon Oaks, All Sections median of $313,702. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 14.3% over the past year.

L260D84I - Falcon Oaks, All Sections

below average
45 Properties
$313,702 Median Value
+14.3% YoY Change
0% Have Pool
16% Have Garage
This Home
$219,735
Median
$313,702

This home is -30.0% below the subdivision median.

Tax Analysis

The estimated annual property tax is $3,316 across all districts. With a homestead exemption claimed, that drops to $1,744 — saving $1,572 per year. That's $145 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%$1,768
LeanderCity0.4173%$679
Williamson CountyCounty0.3694%$601
Austin Community Collegespecial0.1034%$168
Williamson County FM/RdCounty0.0443%$72
Upper Brushy Creek WCIDWater0.0170%$28
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$3,316

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $247,203 would pay approximately $1,543 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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