3504 ELM RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,085,674 and $1,506,467, with a best estimate of $1,110,362. That places the property below the L132614A - REAGANS OVERLOOK median of $1,249,806, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$1,110,362
$1,112,225
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 $1,085,674 and $1,506,467. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$334,992 for 992 sqft less living space and +$25,673 for being newer. Net adjustment: -$309,319.
Adjusted -$125,622 for 372 sqft less living space. Net adjustment: -$125,622.
Adjusted +$188,433 for 558 sqft more living space. Net adjustment: +$188,433.
Adjusted -$340,733 for 1,009 sqft less living space. Net adjustment: -$340,733.
Adjusted -$80,371 for 238 sqft less living space. Net adjustment: -$80,371.
The Neighborhood
This home is valued 11.0% below the L132614A - REAGANS OVERLOOK median of $1,249,806. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.5% over the past year.
L132614A - REAGANS OVERLOOK
typicalThis home is -11.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $22,482 across all districts. With a homestead exemption claimed, that drops to $20,709 — saving $1,773 per year. That's $1,726 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% | $12,089 |
| Leander | City | 0.4173% | $4,641 |
| Williamson County | County | 0.3694% | $4,109 |
| Austin Community College | special | 0.1034% | $1,150 |
| Williamson County FM/Rd | County | 0.0443% | $493 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $22,482 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,110,362 would pay approximately $6,931 per month (principal and interest only, excluding taxes and insurance).