1803 PRADERA PATH, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $774,013 and $1,098,719, with a best estimate of $901,350. 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
$901,350
$785,224
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 $774,013 and $1,098,719. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$318,620 for 1,250 sqft more living space and -$13,844 for being older. Net adjustment: +$304,776.
Adjusted +$97,370 for 382 sqft more living space and -$27,689 for being older. Net adjustment: +$69,681.
Adjusted +$288,287 for 1,131 sqft more living space and +$13,844 for being newer. Net adjustment: +$302,131.
Adjusted +$70,861 for 278 sqft more living space and -$27,689 for being older. Net adjustment: +$43,172.
Adjusted +$354,560 for 1,391 sqft more living space and -$13,844 for being older. Net adjustment: +$340,716.
The Neighborhood
This home is valued 18.0% 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
above averageThis home is +18.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,556 across all districts. With a homestead exemption claimed, that drops to $13,861 — saving $1,695 per year. That's $1,155 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% | $8,535 |
| Williamson County | County | 0.3694% | $2,901 |
| Cedar Park | City | 0.3600% | $2,827 |
| Austin Community College | special | 0.1034% | $812 |
| Williamson County FM/Rd | County | 0.0443% | $348 |
| Upper Brushy Creek WCID | Water | 0.0170% | $133 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $15,556 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $901,350 would pay approximately $5,626 per month (principal and interest only, excluding taxes and insurance).