541 PALMILLA ST, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $269,033 and $451,884, with a best estimate of $314,512. That places the property below the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$314,512
$435,735
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L108416C - OAK CREEK MERITAGE/CASTLE ROCK, this home's estimated market value is between $269,033 and $451,884. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$27,479 for 135 sqft less living space and -$985 for being older. Net adjustment: -$28,464.
Adjusted -$139,428 for 685 sqft less living space and +$1,970 for being newer. Net adjustment: -$137,458.
Adjusted +$2,035 for 10 sqft more living space and +$1,970 for being newer. Net adjustment: +$4,005.
Adjusted -$138,003 for 678 sqft less living space and +$1,970 for being newer. Net adjustment: -$136,033.
Adjusted -$33,178 for 163 sqft less living space. Net adjustment: -$33,178.
The Neighborhood
This home is valued 1.3% above the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353. With 299 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.4% over the past year.
L108416C - OAK CREEK MERITAGE/CASTLE ROCK
typicalThis home is +1.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,882 across all districts. With a homestead exemption claimed, that drops to $7,259 — saving $1,623 per year. That's $605 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% | $4,736 |
| Leander | City | 0.4173% | $1,818 |
| Williamson County | County | 0.3694% | $1,610 |
| Austin Community College | special | 0.1034% | $451 |
| Williamson County FM/Rd | County | 0.0443% | $193 |
| Upper Brushy Creek WCID | Water | 0.0170% | $74 |
| Oak Creek PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,882 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $314,512 would pay approximately $1,963 per month (principal and interest only, excluding taxes and insurance).