1300 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $238,701 and $320,473, with a best estimate of $297,492. 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
$297,492
$326,291
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 $238,701 and $320,473. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$114,838 for 526 sqft less living space and -$881 for being older. Net adjustment: -$115,719.
Adjusted -$29,037 for 133 sqft less living space. Net adjustment: -$29,037.
Adjusted +$33,840 for 155 sqft more living space and -$881 for being older. Net adjustment: +$32,959.
Adjusted -$11,135 for 51 sqft less living space and -$881 for being older. Net adjustment: -$12,016.
Adjusted -$57,637 for 264 sqft less living space and -$881 for being older. Net adjustment: -$58,518.
The Neighborhood
This home is valued 5.2% above the L101494H - North Creek Sec 1 & 2 median of $310,157. With 986 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is +5.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,651 across all districts. With a homestead exemption claimed, that drops to $5,048 — saving $1,603 per year. That's $421 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% | $3,546 |
| Leander | City | 0.4173% | $1,362 |
| Williamson County | County | 0.3694% | $1,205 |
| Austin Community College | special | 0.1034% | $337 |
| Williamson County FM/Rd | County | 0.0443% | $145 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,651 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $297,492 would pay approximately $1,857 per month (principal and interest only, excluding taxes and insurance).