2016 PALMERA RIDGE BLVD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $404,858 and $582,043, with a best estimate of $463,273. That places the property above the L133616C - PALMERA RIDGE MI HOMES median of $454,190, in a neighborhood that declined 6.1% over the past year.
Estimated Value Range
$463,273
$447,782
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L133616C - PALMERA RIDGE MI HOMES, this home's estimated market value is between $404,858 and $582,043. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$83,100 for 384 sqft more living space. Net adjustment: +$83,100.
Adjusted +$36,356 for 168 sqft more living space. Net adjustment: +$36,356.
Adjusted -$86,563 for 400 sqft less living space and -$4,309 for being older. Net adjustment: -$90,872.
Adjusted +$17,096 for 79 sqft more living space. Net adjustment: +$17,096.
Adjusted +$23,155 for 107 sqft more living space. Net adjustment: +$23,155.
The Neighborhood
This home is valued 1.4% below the L133616C - PALMERA RIDGE MI HOMES median of $454,190. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.1% over the past year.
L133616C - PALMERA RIDGE MI HOMES
typicalThis home is -1.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,919 across all districts. With a homestead exemption claimed, that drops to $9,293 — saving $1,626 per year. That's $774 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% | $4,867 |
| Leander | City | 0.4173% | $1,869 |
| Palmera Ridge MUD | MUD | 0.4000% | $1,791 |
| Williamson County | County | 0.3694% | $1,654 |
| Austin Community College | special | 0.1034% | $463 |
| Williamson County FM/Rd | County | 0.0443% | $198 |
| Upper Brushy Creek WCID | Water | 0.0170% | $76 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $10,919 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $463,273 would pay approximately $2,892 per month (principal and interest only, excluding taxes and insurance).