2012 PALMERA RIDGE BLVD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $373,893 and $551,078, with a best estimate of $432,308. 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
$432,308
$549,631
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 $373,893 and $551,078. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$47,826 for 221 sqft more living space and +$4,309 for being newer. Net adjustment: +$52,135.
Adjusted +$1,082 for 5 sqft more living space and +$4,309 for being newer. Net adjustment: +$5,391.
Adjusted -$121,837 for 563 sqft less living space. Net adjustment: -$121,837.
Adjusted -$18,178 for 84 sqft less living space and +$4,309 for being newer. Net adjustment: -$13,869.
Adjusted -$12,119 for 56 sqft less living space and +$4,309 for being newer. Net adjustment: -$7,810.
The Neighborhood
This home is valued 21.0% 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
above averageThis home is +21.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,402 across all districts. With a homestead exemption claimed, that drops to $11,756 — saving $1,646 per year. That's $980 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% | $5,974 |
| Leander | City | 0.4173% | $2,294 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,199 |
| Williamson County | County | 0.3694% | $2,031 |
| Austin Community College | special | 0.1034% | $568 |
| Williamson County FM/Rd | County | 0.0443% | $244 |
| Upper Brushy Creek WCID | Water | 0.0170% | $93 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $13,402 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $432,308 would pay approximately $2,698 per month (principal and interest only, excluding taxes and insurance).