1945 PALMERA RIDGE BLVD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $615,842 and $721,269, with a best estimate of $646,720. 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
$646,720
$624,579
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $615,842 and $721,269. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$48,935 for 200 sqft more living space. Net adjustment: +$48,935.
Adjusted +$248,834 for 1,017 sqft more living space. Net adjustment: +$248,834.
Adjusted +$123,316 for 504 sqft more living space. Net adjustment: +$123,316.
Adjusted +$12,723 for 52 sqft more living space and -$20,151 for being older. Net adjustment: -$7,428.
Adjusted +$38,169 for 156 sqft more living space and -$20,151 for being older. Net adjustment: +$18,018.
The Neighborhood
This home is valued 2.5% 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 +2.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,229 across all districts. With a homestead exemption claimed, that drops to $13,566 — saving $1,663 per year. That's $1,131 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% | $6,789 |
| Leander | City | 0.4173% | $2,606 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,498 |
| Williamson County | County | 0.3694% | $2,307 |
| Austin Community College | special | 0.1034% | $646 |
| Williamson County FM/Rd | County | 0.0443% | $277 |
| Upper Brushy Creek WCID | Water | 0.0170% | $106 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $15,229 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $646,720 would pay approximately $4,037 per month (principal and interest only, excluding taxes and insurance).