3609 ELM RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,407,834 and $1,575,614, with a best estimate of $1,525,083. That places the property above the L132614A - REAGANS OVERLOOK median of $1,249,806, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$1,525,083
$1,403,125
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 $1,407,834 and $1,575,614. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$105,698 for 313 sqft more living space and +$38,510 for being newer. Net adjustment: +$144,208.
Adjusted +$15,872 for 47 sqft more living space. Net adjustment: +$15,872.
Adjusted +$127,648 for 378 sqft more living space. Net adjustment: +$127,648.
Adjusted +$203,291 for 602 sqft more living space and +$38,510 for being newer. Net adjustment: +$241,801.
Adjusted +$302,236 for 895 sqft more living space. Net adjustment: +$302,236.
The Neighborhood
This home is valued 12.3% 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 +12.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $28,362 across all districts. With a homestead exemption claimed, that drops to $26,523 — saving $1,839 per year. That's $2,210 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% | $15,251 |
| Leander | City | 0.4173% | $5,855 |
| Williamson County | County | 0.3694% | $5,184 |
| Austin Community College | special | 0.1034% | $1,451 |
| Williamson County FM/Rd | County | 0.0443% | $622 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $28,362 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,525,083 would pay approximately $9,520 per month (principal and interest only, excluding taxes and insurance).