2505 BELEN DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $697,513 and $988,059, with a best estimate of $790,680. That places the property above the L133515C - PALMER RIDGE median of $609,561, in a neighborhood that declined 7.8% over the past year.
Estimated Value Range
$790,680
$738,669
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 $697,513 and $988,059. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$81,966 for 335 sqft more living space. Net adjustment: +$81,966.
Adjusted +$119,156 for 487 sqft more living space. Net adjustment: +$119,156.
Adjusted +$280,642 for 1,147 sqft more living space. Net adjustment: +$280,642.
Adjusted +$120,869 for 494 sqft more living space. Net adjustment: +$120,869.
Adjusted +$42,084 for 172 sqft more living space. Net adjustment: +$42,084.
The Neighborhood
This home is valued 21.2% above the L133515C - PALMER RIDGE median of $609,561. With 631 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.8% over the past year.
L133515C - PALMER RIDGE
above averageThis home is +21.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $18,011 across all districts. With a homestead exemption claimed, that drops to $16,322 — saving $1,689 per year. That's $1,360 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% | $8,029 |
| Leander | City | 0.4173% | $3,082 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,955 |
| Williamson County | County | 0.3694% | $2,729 |
| Austin Community College | special | 0.1034% | $764 |
| Williamson County FM/Rd | County | 0.0443% | $327 |
| Upper Brushy Creek WCID | Water | 0.0170% | $126 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $18,011 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $790,680 would pay approximately $4,935 per month (principal and interest only, excluding taxes and insurance).