1120 AZUL LAGOON DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $454,076 and $593,326, with a best estimate of $515,415. That places the property below the L133515C - PALMER RIDGE median of $609,561, in a neighborhood that declined 7.8% over the past year.
Estimated Value Range
$515,415
$492,118
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L133515C - PALMER RIDGE, this home's estimated market value is between $454,076 and $593,326. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$54,073 for 221 sqft less living space and -$5,038 for being older. Net adjustment: -$59,111.
Adjusted +$14,191 for 58 sqft more living space. Net adjustment: +$14,191.
Adjusted -$39,148 for 160 sqft less living space and -$5,038 for being older. Net adjustment: -$44,186.
Adjusted -$70,711 for 289 sqft less living space and -$5,038 for being older. Net adjustment: -$75,749.
Adjusted -$9,298 for 38 sqft less living space. Net adjustment: -$9,298.
The Neighborhood
This home is valued 19.3% below the L133515C - PALMER RIDGE median of $609,561. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.8% over the past year.
L133515C - PALMER RIDGE
below averageThis home is -19.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,000 across all districts. With a homestead exemption claimed, that drops to $10,366 — saving $1,634 per year. That's $864 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% | $5,349 |
| Leander | City | 0.4173% | $2,054 |
| Palmera Ridge MUD | MUD | 0.4000% | $1,968 |
| Williamson County | County | 0.3694% | $1,818 |
| Austin Community College | special | 0.1034% | $509 |
| Williamson County FM/Rd | County | 0.0443% | $218 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $12,000 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $515,415 would pay approximately $3,217 per month (principal and interest only, excluding taxes and insurance).