1140 AZUL LAGOON DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $486,890 and $603,193, with a best estimate of $503,307. 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
$503,307
$647,110
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 $486,890 and $603,193. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$67,775 for 277 sqft less living space and -$20,151 for being older. Net adjustment: -$87,926.
Adjusted -$59,701 for 244 sqft less living space and -$10,076 for being older. Net adjustment: -$69,777.
Adjusted +$3,181 for 13 sqft more living space and -$5,038 for being older. Net adjustment: -$1,857.
Adjusted -$21,042 for 86 sqft less living space and -$10,076 for being older. Net adjustment: -$31,118.
Adjusted -$55,786 for 228 sqft less living space and -$5,038 for being older. Net adjustment: -$60,824.
The Neighborhood
This home is valued 6.2% 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
typicalThis home is +6.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,779 across all districts. With a homestead exemption claimed, that drops to $14,111 — saving $1,668 per year. That's $1,176 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% | $7,033 |
| Leander | City | 0.4173% | $2,700 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,588 |
| Williamson County | County | 0.3694% | $2,391 |
| Austin Community College | special | 0.1034% | $669 |
| Williamson County FM/Rd | County | 0.0443% | $287 |
| Upper Brushy Creek WCID | Water | 0.0170% | $110 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $15,779 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $503,307 would pay approximately $3,142 per month (principal and interest only, excluding taxes and insurance).