2405 BELEN DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $416,871 and $654,807, with a best estimate of $458,027. 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
$458,027
$707,417
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 $416,871 and $654,807. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$198,676 for 812 sqft less living space. Net adjustment: -$198,676.
Adjusted -$161,485 for 660 sqft less living space. Net adjustment: -$161,485.
Adjusted -$280,642 for 1,147 sqft less living space. Net adjustment: -$280,642.
Adjusted -$238,558 for 975 sqft less living space. Net adjustment: -$238,558.
Adjusted -$159,283 for 651 sqft less living space. Net adjustment: -$159,283.
The Neighborhood
This home is valued 16.1% 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
above averageThis home is +16.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $17,249 across all districts. With a homestead exemption claimed, that drops to $15,568 — saving $1,681 per year. That's $1,297 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% | $7,689 |
| Leander | City | 0.4173% | $2,952 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,830 |
| Williamson County | County | 0.3694% | $2,614 |
| Austin Community College | special | 0.1034% | $731 |
| Williamson County FM/Rd | County | 0.0443% | $314 |
| Upper Brushy Creek WCID | Water | 0.0170% | $120 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $17,249 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $458,027 would pay approximately $2,859 per month (principal and interest only, excluding taxes and insurance).