3204 ELM RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,381,859 and $1,574,401, with a best estimate of $1,401,884. 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
$1,401,884
$1,305,944
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 $1,381,859 and $1,574,401. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$41,199 for 122 sqft less living space. Net adjustment: -$41,199.
Adjusted +$208,694 for 618 sqft more living space. Net adjustment: +$208,694.
Adjusted +$46,264 for 137 sqft more living space and +$12,837 for being newer. Net adjustment: +$59,101.
Adjusted +$205,993 for 610 sqft more living space. Net adjustment: +$205,993.
Adjusted -$5,403 for 16 sqft less living space and +$12,837 for being newer. Net adjustment: +$7,434.
The Neighborhood
This home is valued 4.5% 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 +4.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $26,398 across all districts. With a homestead exemption claimed, that drops to $24,580 — saving $1,818 per year. That's $2,048 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% | $14,194 |
| Leander | City | 0.4173% | $5,449 |
| Williamson County | County | 0.3694% | $4,825 |
| Austin Community College | special | 0.1034% | $1,350 |
| Williamson County FM/Rd | County | 0.0443% | $579 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $26,398 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,401,884 would pay approximately $8,751 per month (principal and interest only, excluding taxes and insurance).