705 COVEWIND BND, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $561,875 and $748,527, with a best estimate of $677,428. 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
$677,428
$733,562
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 $561,875 and $748,527. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$105,535 for 311 sqft less living space. Net adjustment: -$105,535.
Adjusted +$8,823 for 26 sqft more living space. Net adjustment: +$8,823.
Adjusted -$83,138 for 245 sqft less living space. Net adjustment: -$83,138.
Adjusted -$166,276 for 490 sqft less living space. Net adjustment: -$166,276.
Adjusted -$10,180 for 30 sqft less living space. Net adjustment: -$10,180.
The Neighborhood
This home is valued 13.6% 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 +13.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,953 across all districts. With a homestead exemption claimed, that drops to $13,265 — saving $1,688 per year. That's $1,105 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% | $7,973 |
| Leander | City | 0.4173% | $3,061 |
| Williamson County | County | 0.3694% | $2,710 |
| Austin Community College | special | 0.1034% | $759 |
| Williamson County FM/Rd | County | 0.0443% | $325 |
| Upper Brushy Creek WCID | Water | 0.0170% | $125 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $14,953 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $677,428 would pay approximately $4,228 per month (principal and interest only, excluding taxes and insurance).