501 RIDGEMAR RD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $231,960 and $473,292, with a best estimate of $376,785. That places the property below the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063, in a neighborhood that declined 25.0% over the past year.
Estimated Value Range
$376,785
$1,011,030
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L010D82C - Leander Williamson Abstracts le 20 Acres. The estimated range of $231,960 and $473,292 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$40,818 for 125 sqft less living space and +$43,506 for being newer. Net adjustment: +$2,688.
Adjusted +$105,473 for 323 sqft more living space and -$5,438 for being older. Net adjustment: +$100,035.
Adjusted +$24,817 for 76 sqft more living space and -$163,146 for being older. Net adjustment: -$138,329.
Adjusted +$112,003 for 343 sqft more living space and +$81,573 for being newer. Net adjustment: +$193,576.
Adjusted +$82,615 for 253 sqft more living space and -$125,078 for being older. Net adjustment: -$42,463.
The Neighborhood
This home is valued 33.9% above the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063. With 792 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 25.0% over the past year.
L010D82C - Leander Williamson Abstracts le 20 Acres
above averageThis home is +33.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $20,608 across all districts. With a homestead exemption claimed, that drops to $18,858 — saving $1,750 per year. That's $1,572 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% | $10,989 |
| Leander | City | 0.4173% | $4,219 |
| Williamson County | County | 0.3694% | $3,735 |
| Austin Community College | special | 0.1034% | $1,045 |
| Williamson County FM/Rd | County | 0.0443% | $448 |
| Upper Brushy Creek WCID | Water | 0.0170% | $172 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $20,608 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $376,785 would pay approximately $2,352 per month (principal and interest only, excluding taxes and insurance).