2305 BELEN DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $578,357 and $868,902, with a best estimate of $667,157. 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
$667,157
$816,292
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 $578,357 and $868,902. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$37,191 for 152 sqft less living space. Net adjustment: -$37,191.
Adjusted -$119,156 for 487 sqft less living space. Net adjustment: -$119,156.
Adjusted +$161,485 for 660 sqft more living space. Net adjustment: +$161,485.
Adjusted +$1,713 for 7 sqft more living space. Net adjustment: +$1,713.
Adjusted -$77,072 for 315 sqft less living space. Net adjustment: -$77,072.
The Neighborhood
This home is valued 33.9% 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
above averageThis home is +33.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $19,904 across all districts. With a homestead exemption claimed, that drops to $18,198 — saving $1,706 per year. That's $1,517 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% | $8,872 |
| Leander | City | 0.4173% | $3,406 |
| Palmera Ridge MUD | MUD | 0.4000% | $3,265 |
| Williamson County | County | 0.3694% | $3,016 |
| Austin Community College | special | 0.1034% | $844 |
| Williamson County FM/Rd | County | 0.0443% | $362 |
| Upper Brushy Creek WCID | Water | 0.0170% | $139 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $19,904 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $667,157 would pay approximately $4,164 per month (principal and interest only, excluding taxes and insurance).