1137 CATHEDRAL OAKS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $334,497 and $593,563, with a best estimate of $549,757. 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
$549,757
$623,545
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 $334,497 and $593,563. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$273,791 for 1,119 sqft less living space. Net adjustment: -$273,791.
Adjusted +$3,425 for 14 sqft more living space and -$5,038 for being older. Net adjustment: -$1,613.
Adjusted -$21,287 for 87 sqft less living space and -$5,038 for being older. Net adjustment: -$26,325.
Adjusted -$100,072 for 409 sqft less living space and -$5,038 for being older. Net adjustment: -$105,110.
Adjusted -$168,336 for 688 sqft less living space and -$5,038 for being older. Net adjustment: -$173,374.
The Neighborhood
This home is valued 2.3% above the L133515C - PALMER RIDGE median of $609,561. With 631 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.8% over the past year.
L133515C - PALMER RIDGE
typicalThis home is +2.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,098 across all districts. With a homestead exemption claimed, that drops to $13,435 — saving $1,663 per year. That's $1,120 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% | $6,777 |
| Leander | City | 0.4173% | $2,602 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,494 |
| Williamson County | County | 0.3694% | $2,304 |
| Austin Community College | special | 0.1034% | $645 |
| Williamson County FM/Rd | County | 0.0443% | $276 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $15,098 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $549,757 would pay approximately $3,432 per month (principal and interest only, excluding taxes and insurance).