1117 CATHEDRAL OAKS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $526,322 and $785,388, with a best estimate of $741,582. 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
$741,582
$562,019
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 $526,322 and $785,388. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$81,966 for 335 sqft less living space. Net adjustment: -$81,966.
Adjusted +$195,250 for 798 sqft more living space and -$5,038 for being older. Net adjustment: +$190,212.
Adjusted +$170,538 for 697 sqft more living space and -$5,038 for being older. Net adjustment: +$165,500.
Adjusted +$91,753 for 375 sqft more living space and -$5,038 for being older. Net adjustment: +$86,715.
Adjusted +$23,489 for 96 sqft more living space and -$5,038 for being older. Net adjustment: +$18,451.
The Neighborhood
This home is valued 7.8% below the L133515C - PALMER RIDGE median of $609,561. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.8% over the past year.
L133515C - PALMER RIDGE
typicalThis home is -7.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,608 across all districts. With a homestead exemption claimed, that drops to $11,960 — saving $1,648 per year. That's $997 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% | $6,109 |
| Leander | City | 0.4173% | $2,345 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,248 |
| Williamson County | County | 0.3694% | $2,076 |
| Austin Community College | special | 0.1034% | $581 |
| Williamson County FM/Rd | County | 0.0443% | $249 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $13,608 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $741,582 would pay approximately $4,629 per month (principal and interest only, excluding taxes and insurance).