2029 PALMERA RIDGE BLVD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $374,956 and $552,140, with a best estimate of $433,370. 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
$433,370
$525,463
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 $374,956 and $552,140. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$44,580 for 206 sqft more living space and +$8,617 for being newer. Net adjustment: +$53,197.
Adjusted -$2,164 for 10 sqft less living space and +$8,617 for being newer. Net adjustment: +$6,453.
Adjusted -$125,083 for 578 sqft less living space and +$4,309 for being newer. Net adjustment: -$120,774.
Adjusted -$21,424 for 99 sqft less living space and +$8,617 for being newer. Net adjustment: -$12,807.
Adjusted -$15,365 for 71 sqft less living space and +$8,617 for being newer. Net adjustment: -$6,748.
The Neighborhood
This home is valued 15.7% 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
above averageThis home is +15.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,813 across all districts. With a homestead exemption claimed, that drops to $11,172 — saving $1,641 per year. That's $931 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% | $5,711 |
| Leander | City | 0.4173% | $2,193 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,102 |
| Williamson County | County | 0.3694% | $1,941 |
| Austin Community College | special | 0.1034% | $543 |
| Williamson County FM/Rd | County | 0.0443% | $233 |
| Upper Brushy Creek WCID | Water | 0.0170% | $89 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $12,813 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $433,370 would pay approximately $2,705 per month (principal and interest only, excluding taxes and insurance).