3940 ALTUS FALLS WAY, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $517,661 and $645,311, with a best estimate of $638,247. That places the property above the L497517B - PECAN CREEK AND LOST WOODS median of $628,152, in a neighborhood that appreciated 2.7% over the past year.
Estimated Value Range
$638,247
$664,517
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L497517B - PECAN CREEK AND LOST WOODS, this home's estimated market value is between $517,661 and $645,311. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$16,095 for 50 sqft more living space. Net adjustment: +$16,095.
Adjusted -$14,808 for 46 sqft less living space. Net adjustment: -$14,808.
Adjusted +$7,404 for 23 sqft more living space. Net adjustment: +$7,404.
Adjusted -$82,729 for 257 sqft less living space. Net adjustment: -$82,729.
Adjusted +$22,211 for 69 sqft more living space and -$1,403 for being older. Net adjustment: +$20,808.
The Neighborhood
This home is valued 5.8% above the L497517B - PECAN CREEK AND LOST WOODS median of $628,152. With 481 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.7% over the past year.
L497517B - PECAN CREEK AND LOST WOODS
typicalThis home is +5.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,545 across all districts. With a homestead exemption claimed, that drops to $11,873 — saving $1,672 per year. That's $989 per month a buyer should budget. The assessed value increased +5.9% vs the subdivision average of +2.7%. This above-average increase gives a protest opportunity score of 31 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $7,223 |
| Leander | City | 0.4173% | $2,773 |
| Williamson County | County | 0.3694% | $2,455 |
| Austin Community College | special | 0.1034% | $687 |
| Williamson County FM/Rd | County | 0.0443% | $295 |
| Upper Brushy Creek WCID | Water | 0.0170% | $113 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $13,545 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $638,247 would pay approximately $3,984 per month (principal and interest only, excluding taxes and insurance).