2405 CARRETERA DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $469,632 and $718,926, with a best estimate of $493,195. 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
$493,195
$502,790
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 $469,632 and $718,926. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$29,116 for 119 sqft more living space and +$10,076 for being newer. Net adjustment: +$39,192.
Adjusted -$104,476 for 427 sqft less living space and -$5,038 for being older. Net adjustment: -$109,514.
Adjusted -$51,137 for 209 sqft less living space and +$5,038 for being newer. Net adjustment: -$46,099.
Adjusted +$59,456 for 243 sqft more living space and -$5,038 for being older. Net adjustment: +$54,418.
Adjusted -$122,582 for 501 sqft less living space. Net adjustment: -$122,582.
The Neighborhood
This home is valued 17.5% 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 -17.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,260 across all districts. With a homestead exemption claimed, that drops to $10,624 — saving $1,636 per year. That's $885 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% | $5,465 |
| Leander | City | 0.4173% | $2,098 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,011 |
| Williamson County | County | 0.3694% | $1,858 |
| Austin Community College | special | 0.1034% | $520 |
| Williamson County FM/Rd | County | 0.0443% | $223 |
| Upper Brushy Creek WCID | Water | 0.0170% | $85 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $12,260 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $493,195 would pay approximately $3,079 per month (principal and interest only, excluding taxes and insurance).