1124 AZUL LAGOON DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $500,564 and $747,841, with a best estimate of $656,309. That places the property above the L133515C - PALMER RIDGE median of $609,561, in a neighborhood that declined 7.8% over the past year.
Estimated Value Range
$656,309
$505,164
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 $500,564 and $747,841. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$7,585 for 31 sqft less living space and -$5,038 for being older. Net adjustment: -$12,623.
Adjusted +$66,796 for 273 sqft more living space and +$5,038 for being newer. Net adjustment: +$71,834.
Adjusted +$60,679 for 248 sqft more living space. Net adjustment: +$60,679.
Adjusted +$47,467 for 194 sqft more living space and +$5,038 for being newer. Net adjustment: +$52,505.
Adjusted -$18,106 for 74 sqft less living space and -$15,113 for being older. Net adjustment: -$33,219.
The Neighborhood
This home is valued 17.1% below the L133515C - PALMER RIDGE median of $609,561. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.8% over the past year.
L133515C - PALMER RIDGE
below averageThis home is -17.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,318 across all districts. With a homestead exemption claimed, that drops to $10,682 — saving $1,636 per year. That's $890 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% | $5,491 |
| Leander | City | 0.4173% | $2,108 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,021 |
| Williamson County | County | 0.3694% | $1,866 |
| Austin Community College | special | 0.1034% | $522 |
| Williamson County FM/Rd | County | 0.0443% | $224 |
| Upper Brushy Creek WCID | Water | 0.0170% | $86 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $12,318 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $656,309 would pay approximately $4,097 per month (principal and interest only, excluding taxes and insurance).