2008 PALMERA RIDGE BLVD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $321,758 and $519,627, with a best estimate of $493,920. That places the property above the L133616C - PALMERA RIDGE MI HOMES median of $454,190, in a neighborhood that declined 6.1% over the past year.
Estimated Value Range
$493,920
$498,943
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 $321,758 and $519,627. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$169,663 for 784 sqft less living space and -$4,309 for being older. Net adjustment: -$173,972.
Adjusted -$66,004 for 305 sqft less living space. Net adjustment: -$66,004.
Adjusted -$11,037 for 51 sqft less living space and -$4,309 for being older. Net adjustment: -$15,346.
Adjusted +$10,820 for 50 sqft more living space and -$4,309 for being older. Net adjustment: +$6,511.
Adjusted +$58,213 for 269 sqft more living space. Net adjustment: +$58,213.
The Neighborhood
This home is valued 9.9% above the L133616C - PALMERA RIDGE MI HOMES median of $454,190. With 227 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.1% over the past year.
L133616C - PALMERA RIDGE MI HOMES
typicalThis home is +9.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,166 across all districts. With a homestead exemption claimed, that drops to $10,531 — saving $1,635 per year. That's $878 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% | $5,423 |
| Leander | City | 0.4173% | $2,082 |
| Palmera Ridge MUD | MUD | 0.4000% | $1,996 |
| Williamson County | County | 0.3694% | $1,843 |
| Austin Community College | special | 0.1034% | $516 |
| Williamson County FM/Rd | County | 0.0443% | $221 |
| Upper Brushy Creek WCID | Water | 0.0170% | $85 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $12,166 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $493,920 would pay approximately $3,083 per month (principal and interest only, excluding taxes and insurance).