2837 GARNET RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $366,951 and $448,396, with a best estimate of $395,575. 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
$395,575
$402,960
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 $366,951 and $448,396. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$46,808 for 215 sqft more living space. Net adjustment: +$46,808.
Adjusted -$17,852 for 82 sqft less living space. Net adjustment: -$17,852.
Adjusted -$55,734 for 256 sqft less living space. Net adjustment: -$55,734.
Adjusted -$19,159 for 88 sqft less living space. Net adjustment: -$19,159.
Adjusted +$84,255 for 387 sqft more living space. Net adjustment: +$84,255.
The Neighborhood
This home is valued 20.6% 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 -20.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,214 across all districts. With a homestead exemption claimed, that drops to $6,597 — saving $1,617 per year. That's $550 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% | $4,380 |
| Leander | City | 0.4173% | $1,681 |
| Williamson County | County | 0.3694% | $1,489 |
| Austin Community College | special | 0.1034% | $417 |
| Williamson County FM/Rd | County | 0.0443% | $179 |
| Upper Brushy Creek WCID | Water | 0.0170% | $69 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,214 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $395,575 would pay approximately $2,469 per month (principal and interest only, excluding taxes and insurance).