1801 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $208,004 and $296,845, with a best estimate of $265,654. That places the property below the L101494H - North Creek Sec 1 & 2 median of $310,157, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$265,654
$271,477
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L101494H - North Creek Sec 1 & 2, this home's estimated market value is between $208,004 and $296,845. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$111,345 for 510 sqft less living space. Net adjustment: -$111,345.
Adjusted +$33,840 for 155 sqft more living space. Net adjustment: +$33,840.
Adjusted -$31,439 for 144 sqft less living space and -$881 for being older. Net adjustment: -$32,320.
Adjusted +$18,776 for 86 sqft more living space. Net adjustment: +$18,776.
Adjusted -$77,942 for 357 sqft less living space and -$881 for being older. Net adjustment: -$78,823.
The Neighborhood
This home is valued 12.5% below the L101494H - North Creek Sec 1 & 2 median of $310,157. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is -12.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,534 across all districts. With a homestead exemption claimed, that drops to $3,941 — saving $1,593 per year. That's $328 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% | $2,951 |
| Leander | City | 0.4173% | $1,133 |
| Williamson County | County | 0.3694% | $1,003 |
| Austin Community College | special | 0.1034% | $281 |
| Williamson County FM/Rd | County | 0.0443% | $120 |
| Upper Brushy Creek WCID | Water | 0.0170% | $46 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,534 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $265,654 would pay approximately $1,658 per month (principal and interest only, excluding taxes and insurance).