1824 WATERFALL AVE, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $501,007 and $622,192, with a best estimate of $557,805. That places the property below the L129414C - HAWKS LANDING R5 median of $560,051, in a neighborhood that appreciated 37.9% over the past year.
Estimated Value Range
$557,805
$531,551
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L129414C - HAWKS LANDING R5, this home's estimated market value is between $501,007 and $622,192. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$95,837 for 407 sqft more living space and -$16,851 for being older. Net adjustment: +$78,986.
Adjusted +$134,455 for 571 sqft more living space and -$16,851 for being older. Net adjustment: +$117,604.
Adjusted +$137,516 for 584 sqft more living space and -$16,851 for being older. Net adjustment: +$120,665.
Adjusted -$31,789 for 135 sqft less living space and -$16,851 for being older. Net adjustment: -$48,640.
Adjusted -$5,887 for 25 sqft less living space. Net adjustment: -$5,887.
The Neighborhood
This home is valued 5.1% below the L129414C - HAWKS LANDING R5 median of $560,051. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 37.9% over the past year.
L129414C - HAWKS LANDING R5
typicalThis home is -5.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,835 across all districts. With a homestead exemption claimed, that drops to $9,193 — saving $1,642 per year. That's $766 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% | $5,777 |
| Leander | City | 0.4173% | $2,218 |
| Williamson County | County | 0.3694% | $1,964 |
| Austin Community College | special | 0.1034% | $550 |
| Williamson County FM/Rd | County | 0.0443% | $236 |
| Upper Brushy Creek WCID | Water | 0.0170% | $90 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $10,835 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $557,805 would pay approximately $3,482 per month (principal and interest only, excluding taxes and insurance).