2832 GARNET RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $384,803 and $439,820, with a best estimate of $420,812. 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
$420,812
$404,035
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 $384,803 and $439,820. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$37,882 for 174 sqft less living space. Net adjustment: -$37,882.
Adjusted +$17,852 for 82 sqft more living space. Net adjustment: +$17,852.
Adjusted +$64,661 for 297 sqft more living space. Net adjustment: +$64,661.
Adjusted +$27,432 for 126 sqft more living space. Net adjustment: +$27,432.
Adjusted -$1,306 for 6 sqft less living space. Net adjustment: -$1,306.
The Neighborhood
This home is valued 20.3% 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 -20.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,236 across all districts. With a homestead exemption claimed, that drops to $6,619 — saving $1,617 per year. That's $552 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% | $4,391 |
| Leander | City | 0.4173% | $1,686 |
| Williamson County | County | 0.3694% | $1,493 |
| Austin Community College | special | 0.1034% | $418 |
| 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% | $8,236 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $420,812 would pay approximately $2,627 per month (principal and interest only, excluding taxes and insurance).