1616 LILLY GRACE BND, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $717,198 and $1,144,049, with a best estimate of $1,025,499. That places the property above the L133625C-PALMERA BLUFF R6 median of $923,156, in a neighborhood that appreciated 614.4% over the past year.
Estimated Value Range
$1,025,499
$751,691
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L133625C-PALMERA BLUFF R6, this home's estimated market value is between $717,198 and $1,144,049. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$232,411 for 624 sqft more living space. Net adjustment: +$232,411.
Adjusted -$42,087 for 113 sqft less living space. Net adjustment: -$42,087.
Adjusted +$125,889 for 338 sqft more living space. Net adjustment: +$125,889.
Adjusted -$78,960 for 212 sqft less living space. Net adjustment: -$78,960.
Adjusted +$25,327 for 68 sqft more living space. Net adjustment: +$25,327.
The Neighborhood
This home is valued 18.6% below the L133625C-PALMERA BLUFF R6 median of $923,156. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 614.4% over the past year.
L133625C-PALMERA BLUFF R6
below averageThis home is -18.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $18,201 across all districts. With a homestead exemption claimed, that drops to $16,509 — saving $1,692 per year. That's $1,376 per month a buyer should budget. The assessed value increased +461.0% vs the subdivision average of +614.4%. This increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $8,170 |
| Leander | City | 0.4173% | $3,137 |
| Palmera Ridge MUD | MUD | 0.4000% | $3,007 |
| Williamson County | County | 0.3694% | $2,777 |
| Austin Community College | special | 0.1034% | $777 |
| Williamson County FM/Rd | County | 0.0443% | $333 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $18,201 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,025,499 would pay approximately $6,401 per month (principal and interest only, excluding taxes and insurance).