2841 GARNET RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $320,142 and $622,910, with a best estimate of $356,152. That places the property below the L252500E - GANN RANCH SEC 3 & 4 median of $507,244, in a neighborhood that declined 6.3% over the past year.
Estimated Value Range
$356,152
$375,159
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L252500E - GANN RANCH SEC 3 & 4, this home's estimated market value is between $320,142 and $622,910. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$46,808 for 215 sqft less living space. Net adjustment: -$46,808.
Adjusted -$64,661 for 297 sqft less living space. Net adjustment: -$64,661.
Adjusted -$102,543 for 471 sqft less living space. Net adjustment: -$102,543.
Adjusted +$60,089 for 276 sqft more living space and -$823 for being older. Net adjustment: +$59,266.
Adjusted -$37,229 for 171 sqft less living space. Net adjustment: -$37,229.
The Neighborhood
This home is valued 26.0% below the L252500E - GANN RANCH SEC 3 & 4 median of $507,244. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.3% over the past year.
L252500E - GANN RANCH SEC 3 & 4
below averageThis home is -26.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,647 across all districts. With a homestead exemption claimed, that drops to $6,035 — saving $1,612 per year. That's $503 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% | $4,078 |
| Leander | City | 0.4173% | $1,565 |
| Williamson County | County | 0.3694% | $1,386 |
| Austin Community College | special | 0.1034% | $388 |
| Williamson County FM/Rd | County | 0.0443% | $166 |
| Upper Brushy Creek WCID | Water | 0.0170% | $64 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,647 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $356,152 would pay approximately $2,223 per month (principal and interest only, excluding taxes and insurance).