3608 ELM RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,258,917 and $1,417,603, with a best estimate of $1,309,072. That places the property above the L132614A - REAGANS OVERLOOK median of $1,249,806, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$1,309,072
$1,431,406
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L132614A - REAGANS OVERLOOK, this home's estimated market value is between $1,258,917 and $1,417,603. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$105,698 for 313 sqft less living space and -$38,510 for being older. Net adjustment: -$144,208.
Adjusted -$89,826 for 266 sqft less living space and -$38,510 for being older. Net adjustment: -$128,336.
Adjusted +$21,950 for 65 sqft more living space and -$38,510 for being older. Net adjustment: -$16,560.
Adjusted +$134,402 for 398 sqft more living space and -$12,837 for being older. Net adjustment: +$121,565.
Adjusted +$196,538 for 582 sqft more living space and -$38,510 for being older. Net adjustment: +$158,028.
The Neighborhood
This home is valued 14.5% above the L132614A - REAGANS OVERLOOK median of $1,249,806. With 195 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.5% over the past year.
L132614A - REAGANS OVERLOOK
typicalThis home is +14.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $28,934 across all districts. With a homestead exemption claimed, that drops to $27,088 — saving $1,846 per year. That's $2,257 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% | $15,558 |
| Leander | City | 0.4173% | $5,973 |
| Williamson County | County | 0.3694% | $5,288 |
| Austin Community College | special | 0.1034% | $1,480 |
| Williamson County FM/Rd | County | 0.0443% | $635 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $28,934 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,309,072 would pay approximately $8,171 per month (principal and interest only, excluding taxes and insurance).