1928 RED PARROT TER, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $679,644 and $922,524, with a best estimate of $716,784. 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
$716,784
$633,372
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 $679,644 and $922,524. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$142,890 for 584 sqft more living space. Net adjustment: +$142,890.
Adjusted +$218,494 for 893 sqft more living space. Net adjustment: +$218,494.
Adjusted +$324,438 for 1,326 sqft more living space. Net adjustment: +$324,438.
Adjusted +$174,698 for 714 sqft more living space. Net adjustment: +$174,698.
Adjusted +$99,582 for 407 sqft more living space. Net adjustment: +$99,582.
The Neighborhood
This home is valued 3.9% above the L133515C - PALMER RIDGE median of $609,561. With 631 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.8% over the past year.
L133515C - PALMER RIDGE
typicalThis home is +3.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,336 across all districts. With a homestead exemption claimed, that drops to $13,671 — saving $1,665 per year. That's $1,139 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% | $6,884 |
| Leander | City | 0.4173% | $2,643 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,533 |
| Williamson County | County | 0.3694% | $2,340 |
| Austin Community College | special | 0.1034% | $655 |
| Williamson County FM/Rd | County | 0.0443% | $281 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $15,336 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $716,784 would pay approximately $4,474 per month (principal and interest only, excluding taxes and insurance).