1208 CATHEDRAL OAKS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $344,529 and $603,595, with a best estimate of $559,789. 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
$559,789
$634,715
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 $344,529 and $603,595. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$263,759 for 1,078 sqft less living space. Net adjustment: -$263,759.
Adjusted +$13,457 for 55 sqft more living space and -$5,038 for being older. Net adjustment: +$8,419.
Adjusted -$11,255 for 46 sqft less living space and -$5,038 for being older. Net adjustment: -$16,293.
Adjusted -$90,040 for 368 sqft less living space and -$5,038 for being older. Net adjustment: -$95,078.
Adjusted -$158,304 for 647 sqft less living space and -$5,038 for being older. Net adjustment: -$163,342.
The Neighborhood
This home is valued 4.1% 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
typicalThis home is +4.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,369 across all districts. With a homestead exemption claimed, that drops to $13,703 — saving $1,666 per year. That's $1,142 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% | $6,899 |
| Leander | City | 0.4173% | $2,649 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,539 |
| Williamson County | County | 0.3694% | $2,345 |
| Austin Community College | special | 0.1034% | $656 |
| Williamson County FM/Rd | County | 0.0443% | $281 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $15,369 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $559,789 would pay approximately $3,494 per month (principal and interest only, excluding taxes and insurance).