1128 CATHEDRAL OAKS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $432,512 and $691,578, with a best estimate of $647,771. That places the property above the L133515C - PALMER RIDGE median of $609,561, in a neighborhood that declined 7.8% over the past year.
Estimated Value Range
$647,771
$491,834
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 $432,512 and $691,578. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$180,814 for 739 sqft less living space and +$5,038 for being newer. Net adjustment: -$175,776.
Adjusted +$96,402 for 394 sqft more living space. Net adjustment: +$96,402.
Adjusted +$71,690 for 293 sqft more living space. Net adjustment: +$71,690.
Adjusted -$7,096 for 29 sqft less living space. Net adjustment: -$7,096.
Adjusted -$75,360 for 308 sqft less living space. Net adjustment: -$75,360.
The Neighborhood
This home is valued 19.3% 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
below averageThis home is -19.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,909 across all districts. With a homestead exemption claimed, that drops to $10,276 — saving $1,633 per year. That's $856 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% | $5,346 |
| Leander | City | 0.4173% | $2,052 |
| Palmera Ridge MUD | MUD | 0.4000% | $1,967 |
| Williamson County | County | 0.3694% | $1,817 |
| Austin Community College | special | 0.1034% | $509 |
| Williamson County FM/Rd | County | 0.0443% | $218 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $11,909 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $647,771 would pay approximately $4,043 per month (principal and interest only, excluding taxes and insurance).