2512 BELEN DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $517,239 and $766,628, with a best estimate of $569,250. 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
$569,250
$721,813
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 $517,239 and $766,628. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$139,464 for 570 sqft less living space. Net adjustment: -$139,464.
Adjusted -$102,274 for 418 sqft less living space. Net adjustment: -$102,274.
Adjusted -$221,430 for 905 sqft less living space. Net adjustment: -$221,430.
Adjusted +$59,211 for 242 sqft more living space. Net adjustment: +$59,211.
Adjusted -$100,561 for 411 sqft less living space. Net adjustment: -$100,561.
The Neighborhood
This home is valued 18.4% 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 +18.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $17,600 across all districts. With a homestead exemption claimed, that drops to $15,915 — saving $1,685 per year. That's $1,326 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% | $7,845 |
| Leander | City | 0.4173% | $3,012 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,887 |
| Williamson County | County | 0.3694% | $2,667 |
| Austin Community College | special | 0.1034% | $746 |
| Williamson County FM/Rd | County | 0.0443% | $320 |
| Upper Brushy Creek WCID | Water | 0.0170% | $123 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $17,600 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $569,250 would pay approximately $3,553 per month (principal and interest only, excluding taxes and insurance).