2016 JOSIAH CV, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $394,520 and $571,074, with a best estimate of $545,094. That places the property above the L133616C - PALMERA RIDGE MI HOMES median of $454,190, in a neighborhood that declined 6.1% over the past year.
Estimated Value Range
$545,094
$497,315
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 $394,520 and $571,074. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$31,595 for 146 sqft more living space and +$4,309 for being newer. Net adjustment: +$35,904.
Adjusted +$68,817 for 318 sqft more living space. Net adjustment: +$68,817.
Adjusted -$18,611 for 86 sqft less living space and +$4,309 for being newer. Net adjustment: -$14,302.
Adjusted +$35,923 for 166 sqft more living space and +$8,617 for being newer. Net adjustment: +$44,540.
Adjusted -$6,492 for 30 sqft less living space and +$8,617 for being newer. Net adjustment: +$2,125.
The Neighborhood
This home is valued 9.5% above the L133616C - PALMERA RIDGE MI HOMES median of $454,190. With 227 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.1% over the past year.
L133616C - PALMERA RIDGE MI HOMES
typicalThis home is +9.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,126 across all districts. With a homestead exemption claimed, that drops to $10,492 — saving $1,634 per year. That's $874 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% | $5,405 |
| Leander | City | 0.4173% | $2,075 |
| Palmera Ridge MUD | MUD | 0.4000% | $1,989 |
| Williamson County | County | 0.3694% | $1,837 |
| Austin Community College | special | 0.1034% | $514 |
| Williamson County FM/Rd | County | 0.0443% | $220 |
| Upper Brushy Creek WCID | Water | 0.0170% | $85 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $12,126 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $545,094 would pay approximately $3,402 per month (principal and interest only, excluding taxes and insurance).