1016 AZUL LAGOON DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $638,270 and $781,060, with a best estimate of $760,531. 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
$760,531
$689,528
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 $638,270 and $781,060. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$84,902 for 347 sqft more living space and +$20,151 for being newer. Net adjustment: +$105,053.
Adjusted +$65,573 for 268 sqft more living space and +$20,151 for being newer. Net adjustment: +$85,724.
Adjusted +$6,606 for 27 sqft more living space and +$10,076 for being newer. Net adjustment: +$16,682.
Adjusted -$6,117 for 25 sqft less living space and +$10,076 for being newer. Net adjustment: +$3,959.
Adjusted +$68,509 for 280 sqft more living space and +$10,076 for being newer. Net adjustment: +$78,585.
The Neighborhood
This home is valued 13.1% 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 +13.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,813 across all districts. With a homestead exemption claimed, that drops to $15,135 — saving $1,678 per year. That's $1,261 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% | $7,494 |
| Leander | City | 0.4173% | $2,877 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,758 |
| Williamson County | County | 0.3694% | $2,547 |
| Austin Community College | special | 0.1034% | $713 |
| Williamson County FM/Rd | County | 0.0443% | $306 |
| Upper Brushy Creek WCID | Water | 0.0170% | $117 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $16,813 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $760,531 would pay approximately $4,747 per month (principal and interest only, excluding taxes and insurance).