2041 PALMERA RIDGE BLVD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $367,361 and $493,081, with a best estimate of $415,662. 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
$415,662
$500,141
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 $367,361 and $493,081. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$10,171 for 47 sqft less living space and +$4,309 for being newer. Net adjustment: -$5,862.
Adjusted -$56,915 for 263 sqft less living space and +$4,309 for being newer. Net adjustment: -$52,606.
Adjusted -$76,175 for 352 sqft less living space and +$4,309 for being newer. Net adjustment: -$71,866.
Adjusted -$70,116 for 324 sqft less living space and +$4,309 for being newer. Net adjustment: -$65,807.
Adjusted +$15,148 for 70 sqft more living space and +$4,309 for being newer. Net adjustment: +$19,457.
The Neighborhood
This home is valued 10.1% 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 +10.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,195 across all districts. With a homestead exemption claimed, that drops to $10,560 — saving $1,635 per year. That's $880 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% | $5,436 |
| Leander | City | 0.4173% | $2,087 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,001 |
| Williamson County | County | 0.3694% | $1,848 |
| Austin Community College | special | 0.1034% | $517 |
| Williamson County FM/Rd | County | 0.0443% | $222 |
| Upper Brushy Creek WCID | Water | 0.0170% | $85 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $12,195 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $415,662 would pay approximately $2,595 per month (principal and interest only, excluding taxes and insurance).