2304 CARRETERA DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $421,736 and $729,791, with a best estimate of $574,650. 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
$574,650
$663,819
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L133515C - PALMER RIDGE. The estimated range of $421,736 and $729,791 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$110,103 for 450 sqft more living space and -$5,038 for being older. Net adjustment: +$105,065.
Adjusted +$63,860 for 261 sqft more living space and -$10,076 for being older. Net adjustment: +$53,784.
Adjusted -$37,680 for 154 sqft less living space and -$5,038 for being older. Net adjustment: -$42,718.
Adjusted +$38,659 for 158 sqft more living space and -$5,038 for being older. Net adjustment: +$33,621.
Adjusted -$272,812 for 1,115 sqft less living space and +$35,265 for being newer. Net adjustment: -$237,547.
The Neighborhood
This home is valued 8.9% 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 +8.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,186 across all districts. With a homestead exemption claimed, that drops to $14,514 — saving $1,672 per year. That's $1,210 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% | $7,215 |
| Leander | City | 0.4173% | $2,770 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,655 |
| Williamson County | County | 0.3694% | $2,452 |
| Austin Community College | special | 0.1034% | $686 |
| Williamson County FM/Rd | County | 0.0443% | $294 |
| Upper Brushy Creek WCID | Water | 0.0170% | $113 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $16,186 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $574,650 would pay approximately $3,587 per month (principal and interest only, excluding taxes and insurance).