3208 HERRERO PATH, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $704,332 and $982,547, with a best estimate of $724,092. 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
$724,092
$709,271
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 $704,332 and $982,547. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$165,427 for 649 sqft more living space and -$13,844 for being older. Net adjustment: +$151,583.
Adjusted +$154,467 for 606 sqft more living space and +$41,533 for being newer. Net adjustment: +$196,000.
Adjusted -$26,509 for 104 sqft less living space. Net adjustment: -$26,509.
Adjusted -$97,370 for 382 sqft less living space and +$27,689 for being newer. Net adjustment: -$69,681.
Adjusted +$105,272 for 413 sqft more living space and -$27,689 for being older. Net adjustment: +$77,583.
The Neighborhood
This home is valued 6.6% above the L421509C - CABALLO RANCH median of $665,568. With 418 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.5% over the past year.
L421509C - CABALLO RANCH
typicalThis home is +6.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,051 across all districts. With a homestead exemption claimed, that drops to $12,373 — saving $1,678 per year. That's $1,031 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% | $7,709 |
| Williamson County | County | 0.3694% | $2,620 |
| Cedar Park | City | 0.3600% | $2,553 |
| Austin Community College | special | 0.1034% | $733 |
| Williamson County FM/Rd | County | 0.0443% | $314 |
| Upper Brushy Creek WCID | Water | 0.0170% | $121 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,051 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $724,092 would pay approximately $4,520 per month (principal and interest only, excluding taxes and insurance).