3605 ELM RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $848,456 and $1,080,264, with a best estimate of $1,042,813. That places the property below the L132614A - REAGANS OVERLOOK median of $1,249,806, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$1,042,813
$1,366,609
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L132614A - REAGANS OVERLOOK, this home's estimated market value is between $848,456 and $1,080,264. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$291,092 for 862 sqft less living space and +$51,346 for being newer. Net adjustment: -$239,746.
Adjusted -$366,735 for 1,086 sqft less living space and +$12,837 for being newer. Net adjustment: -$353,898.
Adjusted -$478,511 for 1,417 sqft less living space and +$12,837 for being newer. Net adjustment: -$465,674.
Adjusted -$192,148 for 569 sqft less living space and +$12,837 for being newer. Net adjustment: -$179,311.
Adjusted -$410,635 for 1,216 sqft less living space and +$12,837 for being newer. Net adjustment: -$397,798.
The Neighborhood
This home is valued 9.3% above the L132614A - REAGANS OVERLOOK median of $1,249,806. With 195 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.5% over the past year.
L132614A - REAGANS OVERLOOK
typicalThis home is +9.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $27,624 across all districts. With a homestead exemption claimed, that drops to $25,793 — saving $1,831 per year. That's $2,149 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% | $14,854 |
| Leander | City | 0.4173% | $5,703 |
| Williamson County | County | 0.3694% | $5,049 |
| Austin Community College | special | 0.1034% | $1,413 |
| Williamson County FM/Rd | County | 0.0443% | $606 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $27,624 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,042,813 would pay approximately $6,509 per month (principal and interest only, excluding taxes and insurance).