1916 RED PARROT TER, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $449,866 and $739,018, with a best estimate of $533,278. 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
$533,278
$511,882
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 $449,866 and $739,018. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$183,506 for 750 sqft less living space. Net adjustment: -$183,506.
Adjusted -$40,616 for 166 sqft less living space. Net adjustment: -$40,616.
Adjusted +$34,988 for 143 sqft more living space. Net adjustment: +$34,988.
Adjusted +$140,932 for 576 sqft more living space. Net adjustment: +$140,932.
Adjusted -$8,808 for 36 sqft less living space. Net adjustment: -$8,808.
The Neighborhood
This home is valued 16.0% 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 -16.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,394 across all districts. With a homestead exemption claimed, that drops to $10,757 — saving $1,637 per year. That's $896 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% | $5,564 |
| Leander | City | 0.4173% | $2,136 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,048 |
| Williamson County | County | 0.3694% | $1,891 |
| Austin Community College | special | 0.1034% | $529 |
| Williamson County FM/Rd | County | 0.0443% | $227 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $12,394 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $533,278 would pay approximately $3,329 per month (principal and interest only, excluding taxes and insurance).