720 PALAMOS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $692,845 and $755,030, with a best estimate of $731,342. That places the property above the L231518B - MARBELLA median of $646,656, in a neighborhood that declined 3.0% over the past year.
Estimated Value Range
$731,342
$589,291
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L231518B - MARBELLA, this home's estimated market value is between $692,845 and $755,030. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$11,341 for 41 sqft less living space. Net adjustment: -$11,341.
Adjusted -$17,703 for 64 sqft less living space and -$8,940 for being older. Net adjustment: -$26,643.
Adjusted -$58,087 for 210 sqft less living space. Net adjustment: -$58,087.
Adjusted -$15,490 for 56 sqft less living space. Net adjustment: -$15,490.
This comparable closely matches the subject property's features.
The Neighborhood
This home is valued 8.9% below the L231518B - MARBELLA median of $646,656. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.0% over the past year.
L231518B - MARBELLA
typicalThis home is -8.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,012 across all districts. With a homestead exemption claimed, that drops to $10,357 — saving $1,655 per year. That's $863 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% | $6,405 |
| Leander | City | 0.4173% | $2,459 |
| Williamson County | County | 0.3694% | $2,177 |
| Austin Community College | special | 0.1034% | $609 |
| Williamson County FM/Rd | County | 0.0443% | $261 |
| Upper Brushy Creek WCID | Water | 0.0170% | $100 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $12,012 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $731,342 would pay approximately $4,565 per month (principal and interest only, excluding taxes and insurance).