1905 PRADERA PATH, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $557,688 and $884,175, with a best estimate of $631,563. That places the property below the L421509C - CABALLO RANCH median of $665,568, in a neighborhood that declined 1.5% over the past year.
Estimated Value Range
$631,563
$830,964
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L421509C - CABALLO RANCH, this home's estimated market value is between $557,688 and $884,175. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$165,427 for 649 sqft less living space and +$13,844 for being newer. Net adjustment: -$151,583.
Adjusted -$10,961 for 43 sqft less living space and +$55,377 for being newer. Net adjustment: +$44,416.
Adjusted -$60,155 for 236 sqft less living space and -$13,844 for being older. Net adjustment: -$73,999.
Adjusted +$121,330 for 476 sqft more living space and +$27,689 for being newer. Net adjustment: +$149,019.
Adjusted -$57,606 for 226 sqft less living space and +$13,844 for being newer. Net adjustment: -$43,762.
The Neighborhood
This home is valued 24.9% above the L421509C - CABALLO RANCH median of $665,568. With 418 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.5% over the past year.
L421509C - CABALLO RANCH
above averageThis home is +24.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,462 across all districts. With a homestead exemption claimed, that drops to $14,757 — saving $1,705 per year. That's $1,230 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% | $9,032 |
| Williamson County | County | 0.3694% | $3,070 |
| Cedar Park | City | 0.3600% | $2,991 |
| Austin Community College | special | 0.1034% | $859 |
| Williamson County FM/Rd | County | 0.0443% | $368 |
| Upper Brushy Creek WCID | Water | 0.0170% | $141 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $16,462 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $631,563 would pay approximately $3,942 per month (principal and interest only, excluding taxes and insurance).