3409 ELM RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,339,643 and $1,540,494, with a best estimate of $1,385,553. That places the property above the L132614A - REAGANS OVERLOOK median of $1,249,806, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$1,385,553
$1,393,922
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L132614A - REAGANS OVERLOOK, this home's estimated market value is between $1,339,643 and $1,540,494. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$49,641 for 147 sqft less living space and +$38,510 for being newer. Net adjustment: -$11,131.
Adjusted +$21,612 for 64 sqft more living space. Net adjustment: +$21,612.
Adjusted -$65,175 for 193 sqft less living space. Net adjustment: -$65,175.
Adjusted +$22,288 for 66 sqft more living space and +$38,510 for being newer. Net adjustment: +$60,798.
Adjusted +$310,003 for 918 sqft more living space and +$12,837 for being newer. Net adjustment: +$322,840.
The Neighborhood
This home is valued 11.5% above the L132614A - REAGANS OVERLOOK median of $1,249,806. With 195 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.5% over the past year.
L132614A - REAGANS OVERLOOK
typicalThis home is +11.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $28,176 across all districts. With a homestead exemption claimed, that drops to $26,339 — saving $1,837 per year. That's $2,195 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% | $15,151 |
| Leander | City | 0.4173% | $5,817 |
| Williamson County | County | 0.3694% | $5,150 |
| Austin Community College | special | 0.1034% | $1,441 |
| Williamson County FM/Rd | County | 0.0443% | $618 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $28,176 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,385,553 would pay approximately $8,649 per month (principal and interest only, excluding taxes and insurance).