1016 COTTON PATCH TRL, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $233,827 and $442,419, with a best estimate of $416,151. That places the property above the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607, in a neighborhood that declined 7.4% over the past year.
Estimated Value Range
$416,151
$413,771
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L237416D - MAGNOLIA CREEK SEC 2, this home's estimated market value is between $233,827 and $442,419. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$2,958 for 14 sqft more living space. Net adjustment: +$2,958.
Adjusted +$56,628 for 268 sqft more living space. Net adjustment: +$56,628.
Adjusted +$1,268 for 6 sqft more living space. Net adjustment: +$1,268.
Adjusted +$56,628 for 268 sqft more living space. Net adjustment: +$56,628.
Adjusted -$119,807 for 567 sqft less living space. Net adjustment: -$119,807.
The Neighborhood
This home is valued 7.3% above the L237416D - MAGNOLIA CREEK SEC 2 median of $385,607. With 274 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.4% over the past year.
L237416D - MAGNOLIA CREEK SEC 2
typicalThis home is +7.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,434 across all districts. With a homestead exemption claimed, that drops to $6,815 — saving $1,619 per year. That's $568 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% | $4,497 |
| Leander | City | 0.4173% | $1,727 |
| Williamson County | County | 0.3694% | $1,529 |
| Austin Community College | special | 0.1034% | $428 |
| Williamson County FM/Rd | County | 0.0443% | $183 |
| Upper Brushy Creek WCID | Water | 0.0170% | $70 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,434 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $416,151 would pay approximately $2,598 per month (principal and interest only, excluding taxes and insurance).