2220 BONAVISTA WAY, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $344,845 and $395,703, with a best estimate of $394,238. That places the property below the L133616C - PALMERA RIDGE MI HOMES median of $454,190, in a neighborhood that declined 6.1% over the past year.
Estimated Value Range
$394,238
$397,490
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L133616C - PALMERA RIDGE MI HOMES, this home's estimated market value is between $344,845 and $395,703. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$105,823 for 489 sqft less living space and -$8,617 for being older. Net adjustment: -$114,440.
Adjusted -$55,184 for 255 sqft less living space and -$4,309 for being older. Net adjustment: -$59,493.
Adjusted +$2,164 for 10 sqft more living space. Net adjustment: +$2,164.
Adjusted -$4,761 for 22 sqft less living space. Net adjustment: -$4,761.
Adjusted -$1,298 for 6 sqft less living space and -$4,309 for being older. Net adjustment: -$5,607.
The Neighborhood
This home is valued 12.5% below the L133616C - PALMERA RIDGE MI HOMES median of $454,190. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.1% over the past year.
L133616C - PALMERA RIDGE MI HOMES
typicalThis home is -12.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,692 across all districts. With a homestead exemption claimed, that drops to $8,076 — saving $1,616 per year. That's $673 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% | $4,320 |
| Leander | City | 0.4173% | $1,659 |
| Palmera Ridge MUD | MUD | 0.4000% | $1,590 |
| Williamson County | County | 0.3694% | $1,469 |
| Austin Community College | special | 0.1034% | $411 |
| Williamson County FM/Rd | County | 0.0443% | $176 |
| Upper Brushy Creek WCID | Water | 0.0170% | $68 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $9,692 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $394,238 would pay approximately $2,461 per month (principal and interest only, excluding taxes and insurance).