2229 AIRPORT DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $621,057 and $878,380, with a best estimate of $625,550. That places the property above the L133515C - PALMER RIDGE median of $609,561, in a neighborhood that declined 7.8% over the past year.
Estimated Value Range
$625,550
$617,750
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L133515C - PALMER RIDGE, this home's estimated market value is between $621,057 and $878,380. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$10,766 for 44 sqft more living space and +$5,038 for being newer. Net adjustment: +$15,804.
Adjusted +$15,904 for 65 sqft more living space and +$5,038 for being newer. Net adjustment: +$20,942.
Adjusted +$22,265 for 91 sqft more living space and +$5,038 for being newer. Net adjustment: +$27,303.
Adjusted +$193,048 for 789 sqft more living space. Net adjustment: +$193,048.
Adjusted +$12,478 for 51 sqft more living space and +$5,038 for being newer. Net adjustment: +$17,516.
The Neighborhood
This home is valued 1.3% above the L133515C - PALMER RIDGE median of $609,561. With 631 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.8% over the past year.
L133515C - PALMER RIDGE
typicalThis home is +1.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,063 across all districts. With a homestead exemption claimed, that drops to $13,401 — saving $1,662 per year. That's $1,117 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% | $6,714 |
| Leander | City | 0.4173% | $2,578 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,471 |
| Williamson County | County | 0.3694% | $2,282 |
| Austin Community College | special | 0.1034% | $639 |
| Williamson County FM/Rd | County | 0.0443% | $274 |
| Upper Brushy Creek WCID | Water | 0.0170% | $105 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $15,063 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $625,550 would pay approximately $3,905 per month (principal and interest only, excluding taxes and insurance).