625 ALTEA DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $433,874 and $557,532, with a best estimate of $486,386. That places the property below the L133515C - PALMER RIDGE median of $609,561, in a neighborhood that declined 7.8% over the past year.
Estimated Value Range
$486,386
$611,394
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L133515C - PALMER RIDGE. The estimated range of $433,874 and $557,532 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$65,573 for 268 sqft more living space and +$10,076 for being newer. Net adjustment: +$75,649.
Adjusted -$30,584 for 125 sqft less living space and -$105,794 for being older. Net adjustment: -$136,378.
Adjusted +$14,191 for 58 sqft more living space and -$80,605 for being older. Net adjustment: -$66,414.
Adjusted +$14,925 for 61 sqft more living space and -$80,605 for being older. Net adjustment: -$65,680.
Adjusted +$14,925 for 61 sqft more living space and -$80,605 for being older. Net adjustment: -$65,680.
The Neighborhood
This home is in line with the L133515C - PALMER RIDGE median of $609,561. Note that values in this subdivision declined 7.8% over the past year.
L133515C - PALMER RIDGE
typicalThis home is +0.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,908 across all districts. With a homestead exemption claimed, that drops to $13,248 — saving $1,660 per year. That's $1,104 per month a buyer should budget. The assessed value increased -1.7% vs the subdivision average of -7.8%. This above-average increase gives a protest opportunity score of 31 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $6,645 |
| Leander | City | 0.4173% | $2,551 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,446 |
| Williamson County | County | 0.3694% | $2,259 |
| Austin Community College | special | 0.1034% | $632 |
| Williamson County FM/Rd | County | 0.0443% | $271 |
| Upper Brushy Creek WCID | Water | 0.0170% | $104 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $14,908 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $486,386 would pay approximately $3,036 per month (principal and interest only, excluding taxes and insurance).