840 PASEO DE CASTANA WAY, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $467,977 and $591,574, with a best estimate of $493,152. 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
$493,152
$462,971
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 $467,977 and $591,574. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$61,459 for 284 sqft more living space and +$8,617 for being newer. Net adjustment: +$70,076.
Adjusted +$31,379 for 145 sqft more living space and +$4,309 for being newer. Net adjustment: +$35,688.
Adjusted +$50,206 for 232 sqft more living space and +$8,617 for being newer. Net adjustment: +$58,823.
Adjusted -$8,223 for 38 sqft less living space and +$8,617 for being newer. Net adjustment: +$394.
Adjusted +$49,557 for 229 sqft more living space and +$4,309 for being newer. Net adjustment: +$53,866.
The Neighborhood
This home is valued 1.9% 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 +1.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,289 across all districts. With a homestead exemption claimed, that drops to $9,661 — saving $1,628 per year. That's $805 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% | $5,032 |
| Leander | City | 0.4173% | $1,932 |
| Palmera Ridge MUD | MUD | 0.4000% | $1,852 |
| Williamson County | County | 0.3694% | $1,710 |
| Austin Community College | special | 0.1034% | $479 |
| Williamson County FM/Rd | County | 0.0443% | $205 |
| Upper Brushy Creek WCID | Water | 0.0170% | $79 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $11,289 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $493,152 would pay approximately $3,078 per month (principal and interest only, excluding taxes and insurance).