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405 FALCON LN, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed2 bath1,541 sqftBuilt 2014

Property at a Glance

This home is estimated between $272,226 and $441,705, with a best estimate of $384,290. 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

$272,226 $441,705
Best Estimate
$384,290
WCAD Value
$406,450
High Confidence

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 $272,226 and $441,705. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

401 FALCON LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 1,537 sqft Built 2011
Raw Value $385,712
Adjusted Value $384,290

Adjusted +$881 for 4 sqft more living space and -$2,303 for being older. Net adjustment: -$1,422.

408 FALCON LN, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
4 bed 2 bath 1,437 sqft Built 2006
Raw Value $424,927
Adjusted Value $441,705

Adjusted +$22,918 for 104 sqft more living space and -$6,140 for being older. Net adjustment: +$16,778.

404 FALCON LN, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,396 sqft Built 2011
Raw Value $298,533
Adjusted Value $328,183

Adjusted +$31,953 for 145 sqft more living space and -$2,303 for being older. Net adjustment: +$29,650.

400 FALCON LN, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 1,241 sqft Built 2009
Raw Value $331,943
Adjusted Value $394,215

Adjusted +$66,110 for 300 sqft more living space and -$3,838 for being older. Net adjustment: +$62,272.

412 FALCON LN, LEANDER, TX 78641
0.04 mi 100% similar Same subdivision
3 bed 2 bath 1,685 sqft Built 2006
Raw Value $310,099
Adjusted Value $272,226

Adjusted -$31,733 for 144 sqft less living space and -$6,140 for being older. Net adjustment: -$37,873.

The Neighborhood

This home is valued 23.3% 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 average
1,278 Properties
$329,526 Median Value
-4.5% YoY Change
1% Have Pool
100% Have Garage
This Home
$406,450
Median
$329,526

This home is +23.3% above the subdivision median.

Tax Analysis

The estimated annual property tax is $8,953 across all districts. With a homestead exemption claimed, that drops to $7,356 — saving $1,597 per year. That's $613 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$4,418
Williamson County MUD #13MUD0.5241%$2,130
Williamson CountyCounty0.3694%$1,502
Austin Community Collegespecial0.1034%$420
Williamson County ESD #4 - Liberty HillESD0.0745%$303
Williamson County FM/RdCounty0.0443%$180
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.2027%$8,953

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $384,290 would pay approximately $2,399 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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