120 ROYAL PALM WAY, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $415,015 and $502,019, with a best estimate of $456,055. That places the property above the L109517C - LARKSPUR R4 median of $391,558, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$456,055
$383,061
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L109517C - LARKSPUR R4, this home's estimated market value is between $415,015 and $502,019. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$99,115 for 359 sqft more living space. Net adjustment: +$99,115.
Adjusted +$103,808 for 376 sqft more living space. Net adjustment: +$103,808.
Adjusted +$78,684 for 285 sqft more living space. Net adjustment: +$78,684.
Adjusted +$8,283 for 30 sqft more living space. Net adjustment: +$8,283.
Adjusted +$135,006 for 489 sqft more living space. Net adjustment: +$135,006.
The Neighborhood
This home is valued 2.2% below the L109517C - LARKSPUR R4 median of $391,558. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.7% over the past year.
L109517C - LARKSPUR R4
typicalThis home is -2.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,686 across all districts. With a homestead exemption claimed, that drops to $8,094 — saving $1,592 per year. That's $675 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% | $4,163 |
| Williamson County MUD #32 | MUD | 0.8500% | $3,256 |
| Williamson County | County | 0.3694% | $1,415 |
| Austin Community College | special | 0.1034% | $396 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $285 |
| Williamson County FM/Rd | County | 0.0443% | $170 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.5286% | $9,686 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $456,055 would pay approximately $2,847 per month (principal and interest only, excluding taxes and insurance).