3512 ELM RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,151,044 and $1,222,124, with a best estimate of $1,190,733. That places the property below the L132614A - REAGANS OVERLOOK median of $1,249,806, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$1,190,733
$1,259,575
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L132614A - REAGANS OVERLOOK, this home's estimated market value is between $1,151,044 and $1,222,124. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$254,621 for 754 sqft less living space and +$25,673 for being newer. Net adjustment: -$228,948.
Adjusted -$174,587 for 517 sqft less living space. Net adjustment: -$174,587.
Adjusted -$260,362 for 771 sqft less living space. Net adjustment: -$260,362.
Adjusted -$62,136 for 184 sqft less living space and +$25,673 for being newer. Net adjustment: -$36,463.
Adjusted +$80,371 for 238 sqft more living space. Net adjustment: +$80,371.
The Neighborhood
This home is in line with the L132614A - REAGANS OVERLOOK median of $1,249,806. Note that values in this subdivision declined 7.5% over the past year.
L132614A - REAGANS OVERLOOK
typicalThis home is +0.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $25,461 across all districts. With a homestead exemption claimed, that drops to $23,654 — saving $1,807 per year. That's $1,971 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% | $13,690 |
| Leander | City | 0.4173% | $5,256 |
| Williamson County | County | 0.3694% | $4,653 |
| Austin Community College | special | 0.1034% | $1,302 |
| Williamson County FM/Rd | County | 0.0443% | $558 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $25,461 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,190,733 would pay approximately $7,433 per month (principal and interest only, excluding taxes and insurance).