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1121 AZUL LAGOON DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

5 bed4 bath2,415 sqftBuilt 2020

Property at a Glance

This home is estimated between $648,623 and $756,649, with a best estimate of $693,413. 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

$648,623 $756,649
Best Estimate
$693,413
WCAD Value
$640,487
High Confidence

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 $648,623 and $756,649. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

1116 AZUL LAGOON DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 4 bath 2,106 sqft Built 2021
Raw Value $676,007
Adjusted Value $756,649

Adjusted +$75,604 for 309 sqft more living space and +$5,038 for being newer. Net adjustment: +$80,642.

1100 AZUL LAGOON DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 3 bath 2,131 sqft Built 2020
Raw Value $579,135
Adjusted Value $648,623

Adjusted +$69,488 for 284 sqft more living space. Net adjustment: +$69,488.

1020 AZUL LAGOON DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 4 bath 2,185 sqft Built 2021
Raw Value $679,897
Adjusted Value $741,210

Adjusted +$56,275 for 230 sqft more living space and +$5,038 for being newer. Net adjustment: +$61,313.

1016 AZUL LAGOON DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 4 bath 2,453 sqft Built 2017
Raw Value $689,528
Adjusted Value $665,117

Adjusted -$9,298 for 38 sqft less living space and -$15,113 for being older. Net adjustment: -$24,411.

1005 AZUL LAGOON DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 3 bath 2,426 sqft Built 2019
Raw Value $701,142
Adjusted Value $693,413

Adjusted -$2,691 for 11 sqft less living space and -$5,038 for being older. Net adjustment: -$7,729.

The Neighborhood

This home is valued 5.1% 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

typical
631 Properties
$609,561 Median Value
-7.8% YoY Change
0% Have Pool
100% Have Garage
This Home
$640,487
Median
$609,561

This home is +5.1% above the subdivision median.

Tax Analysis

The estimated annual property tax is $15,617 across all districts. With a homestead exemption claimed, that drops to $13,951 — saving $1,666 per year. That's $1,163 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$6,961
LeanderCity0.4173%$2,673
Palmera Ridge MUDMUD0.4000%$2,562
Williamson CountyCounty0.3694%$2,366
Austin Community Collegespecial0.1034%$662
Williamson County FM/RdCounty0.0443%$284
Upper Brushy Creek WCIDWater0.0170%$109
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.4384%$15,617

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $693,413 would pay approximately $4,328 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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