3305 ELM RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,374,426 and $1,518,547, with a best estimate of $1,444,265. That places the property above the L132614A - REAGANS OVERLOOK median of $1,249,806, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$1,444,265
$1,380,885
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L132614A - REAGANS OVERLOOK, this home's estimated market value is between $1,374,426 and $1,518,547. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$51,667 for 153 sqft more living space. Net adjustment: +$51,667.
Adjusted +$238,074 for 705 sqft more living space. Net adjustment: +$238,074.
Adjusted +$413,674 for 1,225 sqft more living space and -$12,837 for being older. Net adjustment: +$400,837.
Adjusted +$211,396 for 626 sqft more living space and -$12,837 for being older. Net adjustment: +$198,559.
Adjusted -$35,795 for 106 sqft less living space and -$12,837 for being older. Net adjustment: -$48,632.
The Neighborhood
This home is valued 10.5% above the L132614A - REAGANS OVERLOOK median of $1,249,806. With 195 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.5% over the past year.
L132614A - REAGANS OVERLOOK
typicalThis home is +10.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $27,913 across all districts. With a homestead exemption claimed, that drops to $26,078 — saving $1,835 per year. That's $2,173 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% | $15,009 |
| Leander | City | 0.4173% | $5,762 |
| Williamson County | County | 0.3694% | $5,102 |
| Austin Community College | special | 0.1034% | $1,428 |
| Williamson County FM/Rd | County | 0.0443% | $612 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $27,913 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,444,265 would pay approximately $9,015 per month (principal and interest only, excluding taxes and insurance).