3200 HERRERO PATH, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $631,688 and $904,963, with a best estimate of $741,379. That places the property above the L421509C - CABALLO RANCH median of $665,568, in a neighborhood that declined 1.5% over the past year.
Estimated Value Range
$741,379
$646,509
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L421509C - CABALLO RANCH, this home's estimated market value is between $631,688 and $904,963. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$60,155 for 236 sqft more living space and +$13,844 for being newer. Net adjustment: +$73,999.
Adjusted -$105,272 for 413 sqft less living space and +$27,689 for being newer. Net adjustment: -$77,583.
Adjusted +$49,195 for 193 sqft more living space and +$69,221 for being newer. Net adjustment: +$118,416.
Adjusted +$51,489 for 202 sqft more living space and +$69,221 for being newer. Net adjustment: +$120,710.
Adjusted +$8,412 for 33 sqft more living space and +$41,533 for being newer. Net adjustment: +$49,945.
The Neighborhood
This home is valued 2.9% below the L421509C - CABALLO RANCH median of $665,568. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.5% over the past year.
L421509C - CABALLO RANCH
typicalThis home is -2.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,808 across all districts. With a homestead exemption claimed, that drops to $11,143 — saving $1,665 per year. That's $929 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% | $7,027 |
| Williamson County | County | 0.3694% | $2,389 |
| Cedar Park | City | 0.3600% | $2,327 |
| Austin Community College | special | 0.1034% | $668 |
| Williamson County FM/Rd | County | 0.0443% | $287 |
| Upper Brushy Creek WCID | Water | 0.0170% | $110 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,808 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $741,379 would pay approximately $4,628 per month (principal and interest only, excluding taxes and insurance).