2029 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $393,811 and $577,911, with a best estimate of $413,388. That places the property below the L129414C - HAWKS LANDING R5 median of $560,051, in a neighborhood that appreciated 37.9% over the past year.
Estimated Value Range
$413,388
$430,375
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L129414C - HAWKS LANDING R5, this home's estimated market value is between $393,811 and $577,911. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$94,189 for 400 sqft less living space and +$16,851 for being newer. Net adjustment: -$77,338.
Adjusted -$184,846 for 785 sqft less living space and +$16,851 for being newer. Net adjustment: -$167,995.
Adjusted -$151,880 for 645 sqft less living space and +$16,851 for being newer. Net adjustment: -$135,029.
Adjusted +$32,731 for 139 sqft more living space and -$16,851 for being older. Net adjustment: +$15,880.
Adjusted -$60,516 for 257 sqft less living space and +$16,851 for being newer. Net adjustment: -$43,665.
The Neighborhood
This home is valued 23.2% below the L129414C - HAWKS LANDING R5 median of $560,051. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 37.9% over the past year.
L129414C - HAWKS LANDING R5
below averageThis home is -23.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,773 across all districts. With a homestead exemption claimed, that drops to $7,151 — saving $1,622 per year. That's $596 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% | $4,678 |
| Leander | City | 0.4173% | $1,796 |
| Williamson County | County | 0.3694% | $1,590 |
| Austin Community College | special | 0.1034% | $445 |
| Williamson County FM/Rd | County | 0.0443% | $191 |
| Upper Brushy Creek WCID | Water | 0.0170% | $73 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,773 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $413,388 would pay approximately $2,580 per month (principal and interest only, excluding taxes and insurance).