540 PALMILLA ST, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $328,983 and $377,377, with a best estimate of $350,693. That places the property above the L106407G - OAK CREEK/HERITAGE GLEN median of $327,442, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$350,693
$366,915
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L106407G - OAK CREEK/HERITAGE GLEN, this home's estimated market value is between $328,983 and $377,377. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$17,900 for 83 sqft more living space and +$7,017 for being newer. Net adjustment: +$24,917.
Adjusted -$10,568 for 49 sqft less living space. Net adjustment: -$10,568.
This comparable closely matches the subject property's features.
Adjusted +$61,034 for 283 sqft more living space and +$7,017 for being newer. Net adjustment: +$68,051.
Adjusted +$431 for 2 sqft more living space and +$7,017 for being newer. Net adjustment: +$7,448.
The Neighborhood
This home is valued 12.1% above the L106407G - OAK CREEK/HERITAGE GLEN median of $327,442. With 172 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.5% over the past year.
L106407G - OAK CREEK/HERITAGE GLEN
typicalThis home is +12.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,479 across all districts. With a homestead exemption claimed, that drops to $5,869 — saving $1,610 per year. That's $489 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% | $3,988 |
| Leander | City | 0.4173% | $1,531 |
| Williamson County | County | 0.3694% | $1,356 |
| Austin Community College | special | 0.1034% | $379 |
| Williamson County FM/Rd | County | 0.0443% | $163 |
| Upper Brushy Creek WCID | Water | 0.0170% | $62 |
| Oak Creek PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,479 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $350,693 would pay approximately $2,189 per month (principal and interest only, excluding taxes and insurance).