1124 SAINT MICHELLE CT, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $358,200 and $584,428, with a best estimate of $499,589. That places the property below the L133515C - PALMER RIDGE median of $609,561, in a neighborhood that declined 7.8% over the past year.
Estimated Value Range
$499,589
$544,668
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L133515C - PALMER RIDGE, this home's estimated market value is between $358,200 and $584,428. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$156,592 for 640 sqft less living space and +$5,038 for being newer. Net adjustment: -$151,554.
Adjusted -$131,145 for 536 sqft less living space. Net adjustment: -$131,145.
Adjusted -$52,116 for 213 sqft less living space. Net adjustment: -$52,116.
Adjusted +$34,010 for 139 sqft more living space. Net adjustment: +$34,010.
Adjusted -$18,106 for 74 sqft less living space and +$5,038 for being newer. Net adjustment: -$13,068.
The Neighborhood
This home is valued 10.6% below the L133515C - PALMER RIDGE median of $609,561. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.8% over the past year.
L133515C - PALMER RIDGE
typicalThis home is -10.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,188 across all districts. With a homestead exemption claimed, that drops to $11,543 — saving $1,645 per year. That's $962 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% | $5,920 |
| Leander | City | 0.4173% | $2,273 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,179 |
| Williamson County | County | 0.3694% | $2,012 |
| Austin Community College | special | 0.1034% | $563 |
| Williamson County FM/Rd | County | 0.0443% | $241 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $13,188 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $499,589 would pay approximately $3,118 per month (principal and interest only, excluding taxes and insurance).