1121 IRON HORSE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $381,830 and $440,143, with a best estimate of $407,741. That places the property below the L247502E - Boulders At Crystal Falls - Lennar median of $444,438, in a neighborhood that declined 9.8% over the past year.
Estimated Value Range
$407,741
$412,856
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L247502E - Boulders At Crystal Falls - Lennar, this home's estimated market value is between $381,830 and $440,143. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$48,045 for 220 sqft less living space. Net adjustment: -$48,045.
Adjusted -$12,448 for 57 sqft less living space. Net adjustment: -$12,448.
Adjusted -$11,356 for 52 sqft less living space. Net adjustment: -$11,356.
Adjusted +$34,068 for 156 sqft more living space. Net adjustment: +$34,068.
Adjusted -$75,780 for 347 sqft less living space. Net adjustment: -$75,780.
The Neighborhood
This home is valued 7.1% below the L247502E - Boulders At Crystal Falls - Lennar median of $444,438. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 9.8% over the past year.
L247502E - Boulders At Crystal Falls - Lennar
typicalThis home is -7.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,415 across all districts. With a homestead exemption claimed, that drops to $6,797 — saving $1,618 per year. That's $566 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% | $4,487 |
| Leander | City | 0.4173% | $1,723 |
| Williamson County | County | 0.3694% | $1,525 |
| Austin Community College | special | 0.1034% | $427 |
| Williamson County FM/Rd | County | 0.0443% | $183 |
| Upper Brushy Creek WCID | Water | 0.0170% | $70 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,415 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $407,741 would pay approximately $2,545 per month (principal and interest only, excluding taxes and insurance).