2516 COSTERA ST, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $608,107 and $790,076, with a best estimate of $749,416. 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
$749,416
$586,397
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 $608,107 and $790,076. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$166,868 for 682 sqft more living space and +$10,076 for being newer. Net adjustment: +$176,944.
Adjusted +$82,211 for 336 sqft more living space. Net adjustment: +$82,211.
Adjusted +$151,943 for 621 sqft more living space. Net adjustment: +$151,943.
Adjusted +$28,382 for 116 sqft more living space and +$5,038 for being newer. Net adjustment: +$33,420.
Adjusted +$94,444 for 386 sqft more living space. Net adjustment: +$94,444.
The Neighborhood
This home is valued 3.8% 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
typicalThis home is -3.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,298 across all districts. With a homestead exemption claimed, that drops to $12,644 — saving $1,654 per year. That's $1,054 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% | $6,374 |
| Leander | City | 0.4173% | $2,447 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,346 |
| Williamson County | County | 0.3694% | $2,166 |
| Austin Community College | special | 0.1034% | $606 |
| Williamson County FM/Rd | County | 0.0443% | $260 |
| Upper Brushy Creek WCID | Water | 0.0170% | $100 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $14,298 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $749,416 would pay approximately $4,678 per month (principal and interest only, excluding taxes and insurance).