1302 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $377,542 and $442,010, with a best estimate of $413,212. That places the property above 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
$413,212
$354,420
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 $377,542 and $442,010. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$114,838 for 526 sqft more living space and +$881 for being newer. Net adjustment: +$115,719.
Adjusted +$103,704 for 475 sqft more living space. Net adjustment: +$103,704.
Adjusted +$51,961 for 238 sqft more living space. Net adjustment: +$51,961.
Adjusted +$148,024 for 678 sqft more living space and +$881 for being newer. Net adjustment: +$148,905.
Adjusted +$85,801 for 393 sqft more living space and +$881 for being newer. Net adjustment: +$86,682.
The Neighborhood
This home is valued 14.3% 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 +14.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,224 across all districts. With a homestead exemption claimed, that drops to $5,616 — saving $1,608 per year. That's $468 per month a buyer should budget. The assessed value increased +2.2% vs the subdivision average of -3.9%. 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% | $3,852 |
| Leander | City | 0.4173% | $1,479 |
| Williamson County | County | 0.3694% | $1,309 |
| Austin Community College | special | 0.1034% | $366 |
| Williamson County FM/Rd | County | 0.0443% | $157 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,224 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $413,212 would pay approximately $2,579 per month (principal and interest only, excluding taxes and insurance).