2028 PALMERA RIDGE BLVD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $337,104 and $514,289, with a best estimate of $395,519. That places the property below the L133616C - PALMERA RIDGE MI HOMES median of $454,190, in a neighborhood that declined 6.1% over the past year.
Estimated Value Range
$395,519
$509,266
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L133616C - PALMERA RIDGE MI HOMES, this home's estimated market value is between $337,104 and $514,289. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$11,037 for 51 sqft more living space and +$4,309 for being newer. Net adjustment: +$15,346.
Adjusted -$35,707 for 165 sqft less living space and +$4,309 for being newer. Net adjustment: -$31,398.
Adjusted -$158,626 for 733 sqft less living space. Net adjustment: -$158,626.
Adjusted -$54,967 for 254 sqft less living space and +$4,309 for being newer. Net adjustment: -$50,658.
Adjusted -$48,908 for 226 sqft less living space and +$4,309 for being newer. Net adjustment: -$44,599.
The Neighborhood
This home is valued 12.1% above the L133616C - PALMERA RIDGE MI HOMES median of $454,190. With 227 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.1% over the past year.
L133616C - PALMERA RIDGE MI HOMES
typicalThis home is +12.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,418 across all districts. With a homestead exemption claimed, that drops to $10,781 — saving $1,637 per year. That's $898 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% | $5,535 |
| Leander | City | 0.4173% | $2,125 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,037 |
| Williamson County | County | 0.3694% | $1,881 |
| Austin Community College | special | 0.1034% | $527 |
| Williamson County FM/Rd | County | 0.0443% | $226 |
| Upper Brushy Creek WCID | Water | 0.0170% | $87 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $12,418 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $395,519 would pay approximately $2,469 per month (principal and interest only, excluding taxes and insurance).