3304 ELM RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,182,326 and $1,279,686, with a best estimate of $1,213,262. That places the property below the L132614A - REAGANS OVERLOOK median of $1,249,806, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$1,213,262
$1,319,988
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 $1,182,326 and $1,279,686. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$202,278 for 599 sqft more living space. Net adjustment: +$202,278.
Adjusted -$211,396 for 626 sqft less living space and +$12,837 for being newer. Net adjustment: -$198,559.
Adjusted -$159,729 for 473 sqft less living space and +$12,837 for being newer. Net adjustment: -$146,892.
Adjusted -$18,573 for 55 sqft less living space. Net adjustment: -$18,573.
Adjusted +$26,678 for 79 sqft more living space and +$12,837 for being newer. Net adjustment: +$39,515.
The Neighborhood
This home is valued 5.6% 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 +5.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $25,881 across all districts. With a homestead exemption claimed, that drops to $24,070 — saving $1,811 per year. That's $2,006 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% | $13,917 |
| Leander | City | 0.4173% | $5,343 |
| Williamson County | County | 0.3694% | $4,730 |
| Austin Community College | special | 0.1034% | $1,324 |
| Williamson County FM/Rd | County | 0.0443% | $568 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $25,881 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,213,262 would pay approximately $7,573 per month (principal and interest only, excluding taxes and insurance).