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1105 WATERFALL AVE, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed3 bath986 sqftBuilt 2019

Property at a Glance

This home is estimated between $253,578 and $430,666, with a best estimate of $423,602. That places the property above the L138319C - ALTERRA median of $379,262, in a neighborhood that declined 7.7% over the past year.

Estimated Value Range

$253,578 $430,666
Best Estimate
$423,602
WCAD Value
$379,262
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in L138319C - ALTERRA, this home's estimated market value is between $253,578 and $430,666. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

1109 WATERFALL AVE, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
4 bed 3 bath 1,085 sqft Built 2019
Raw Value $449,063
Adjusted Value $423,602

Adjusted -$25,461 for 99 sqft less living space. Net adjustment: -$25,461.

1113 WATERFALL AVE, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 3 bath 1,470 sqft Built 2019
Raw Value $378,053
Adjusted Value $253,578

Adjusted -$124,475 for 484 sqft less living space. Net adjustment: -$124,475.

1112 CAPRA LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 3 bath 1,025 sqft Built 2019
Raw Value $438,612
Adjusted Value $428,582

Adjusted -$10,030 for 39 sqft less living space. Net adjustment: -$10,030.

1116 CAPRA LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 3 bath 1,470 sqft Built 2019
Raw Value $378,053
Adjusted Value $253,578

Adjusted -$124,475 for 484 sqft less living space. Net adjustment: -$124,475.

808 ALTA WAY, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
4 bed 3 bath 991 sqft Built 2019
Raw Value $431,952
Adjusted Value $430,666

Adjusted -$1,286 for 5 sqft less living space. Net adjustment: -$1,286.

The Neighborhood

This home is in line with the L138319C - ALTERRA median of $379,262. Note that values in this subdivision declined 7.7% over the past year.

L138319C - ALTERRA

typical
61 Properties
$379,262 Median Value
-7.7% YoY Change
0% Have Pool
100% Have Garage
This Home
$379,262
Median
$379,262

This home is +0.0% above the subdivision median.

Tax Analysis

The estimated annual property tax is $7,731 across all districts. With a homestead exemption claimed, that drops to $6,118 — saving $1,613 per year. That's $510 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%$4,122
LeanderCity0.4173%$1,583
Williamson CountyCounty0.3694%$1,401
Austin Community Collegespecial0.1034%$392
Williamson County FM/RdCounty0.0443%$168
Upper Brushy Creek WCIDWater0.0170%$64
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$7,731

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $423,602 would pay approximately $2,644 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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