2037 PALMERA RIDGE BLVD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $442,434 and $580,801, with a best estimate of $490,735. 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
$490,735
$445,401
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 $442,434 and $580,801. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$13,850 for 64 sqft more living space and +$8,617 for being newer. Net adjustment: +$22,467.
Adjusted +$649 for 3 sqft more living space and +$8,617 for being newer. Net adjustment: +$9,266.
Adjusted +$85,913 for 397 sqft more living space and +$8,617 for being newer. Net adjustment: +$94,530.
Adjusted +$49,557 for 229 sqft more living space and +$4,309 for being newer. Net adjustment: +$53,866.
Adjusted +$71,414 for 330 sqft more living space and +$4,309 for being newer. Net adjustment: +$75,723.
The Neighborhood
This home is valued 1.9% 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
typicalThis home is -1.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,860 across all districts. With a homestead exemption claimed, that drops to $9,236 — saving $1,624 per year. That's $770 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% | $4,841 |
| Leander | City | 0.4173% | $1,859 |
| Palmera Ridge MUD | MUD | 0.4000% | $1,782 |
| Williamson County | County | 0.3694% | $1,646 |
| Austin Community College | special | 0.1034% | $461 |
| Williamson County FM/Rd | County | 0.0443% | $197 |
| Upper Brushy Creek WCID | Water | 0.0170% | $76 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $10,860 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $490,735 would pay approximately $3,063 per month (principal and interest only, excluding taxes and insurance).