2037 CARITAS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $328,279 and $481,699, with a best estimate of $362,703. That places the property below the L133616C - PALMERA RIDGE MI HOMES median of $454,190, in a neighborhood that declined 6.1% over the past year.
Estimated Value Range
$362,703
$384,837
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L133616C - PALMERA RIDGE MI HOMES, this home's estimated market value is between $328,279 and $481,699. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$111,016 for 513 sqft less living space and -$8,617 for being older. Net adjustment: -$119,633.
Adjusted -$29,648 for 137 sqft less living space and -$8,617 for being older. Net adjustment: -$38,265.
Adjusted +$1,515 for 7 sqft more living space and -$4,309 for being older. Net adjustment: -$2,794.
Adjusted -$6,492 for 30 sqft less living space and -$4,309 for being older. Net adjustment: -$10,801.
Adjusted -$91,107 for 421 sqft less living space and -$8,617 for being older. Net adjustment: -$99,724.
The Neighborhood
This home is valued 15.3% below the L133616C - PALMERA RIDGE MI HOMES median of $454,190. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.1% over the past year.
L133616C - PALMERA RIDGE MI HOMES
below averageThis home is -15.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,384 across all districts. With a homestead exemption claimed, that drops to $7,770 — saving $1,614 per year. That's $648 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% | $4,183 |
| Leander | City | 0.4173% | $1,606 |
| Palmera Ridge MUD | MUD | 0.4000% | $1,539 |
| Williamson County | County | 0.3694% | $1,422 |
| Austin Community College | special | 0.1034% | $398 |
| Williamson County FM/Rd | County | 0.0443% | $171 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $9,384 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $362,703 would pay approximately $2,264 per month (principal and interest only, excluding taxes and insurance).