401 FALCON LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $297,173 and $427,308, with a best estimate of $395,637. That places the property above the L121405G - SUMMERLYNN PULTE & CENTEX median of $329,526, in a neighborhood that declined 4.5% over the past year.
Estimated Value Range
$395,637
$385,712
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L121405G - SUMMERLYNN PULTE & CENTEX, this home's estimated market value is between $297,173 and $427,308. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$881 for 4 sqft less living space and +$2,303 for being newer. Net adjustment: +$1,422.
Adjusted +$83,960 for 381 sqft more living space and -$3,838 for being older. Net adjustment: +$80,122.
Adjusted +$65,229 for 296 sqft more living space and -$1,535 for being older. Net adjustment: +$63,694.
Adjusted -$9,476 for 43 sqft less living space and -$768 for being older. Net adjustment: -$10,244.
Adjusted +$31,072 for 141 sqft more living space. Net adjustment: +$31,072.
The Neighborhood
This home is valued 17.1% above the L121405G - SUMMERLYNN PULTE & CENTEX median of $329,526. With 1,278 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.5% over the past year.
L121405G - SUMMERLYNN PULTE & CENTEX
above averageThis home is +17.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,496 across all districts. With a homestead exemption claimed, that drops to $6,903 — saving $1,593 per year. That's $575 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% | $4,192 |
| Williamson County MUD #13 | MUD | 0.5241% | $2,022 |
| Williamson County | County | 0.3694% | $1,425 |
| Austin Community College | special | 0.1034% | $399 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $287 |
| Williamson County FM/Rd | County | 0.0443% | $171 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.2027% | $8,496 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $395,637 would pay approximately $2,470 per month (principal and interest only, excluding taxes and insurance).