3202 HERRERO PATH, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $408,669 and $681,945, with a best estimate of $531,067. That places the property below the L421509C - CABALLO RANCH median of $665,568, in a neighborhood that declined 1.5% over the past year.
Estimated Value Range
$531,067
$735,156
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L421509C - CABALLO RANCH, this home's estimated market value is between $408,669 and $681,945. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$65,508 for 257 sqft less living space. Net adjustment: -$65,508.
Adjusted -$121,330 for 476 sqft less living space and -$27,689 for being older. Net adjustment: -$149,019.
Adjusted -$286,758 for 1,125 sqft less living space and -$13,844 for being older. Net adjustment: -$300,602.
Adjusted -$95,841 for 376 sqft less living space and +$27,689 for being newer. Net adjustment: -$68,152.
Adjusted -$132,291 for 519 sqft less living space and +$27,689 for being newer. Net adjustment: -$104,602.
The Neighborhood
This home is valued 10.5% above the L421509C - CABALLO RANCH median of $665,568. With 418 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.5% over the past year.
L421509C - CABALLO RANCH
typicalThis home is +10.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,564 across all districts. With a homestead exemption claimed, that drops to $12,880 — saving $1,684 per year. That's $1,073 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% | $7,990 |
| Williamson County | County | 0.3694% | $2,716 |
| Cedar Park | City | 0.3600% | $2,647 |
| Austin Community College | special | 0.1034% | $760 |
| Williamson County FM/Rd | County | 0.0443% | $326 |
| Upper Brushy Creek WCID | Water | 0.0170% | $125 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,564 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $531,067 would pay approximately $3,315 per month (principal and interest only, excluding taxes and insurance).