3413 ELM RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,260,762 and $1,551,625, with a best estimate of $1,405,053. 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
$1,405,053
$1,396,684
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 $1,260,762 and $1,551,625. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$49,641 for 147 sqft more living space and -$38,510 for being older. Net adjustment: +$11,131.
Adjusted +$71,253 for 211 sqft more living space and -$38,510 for being older. Net adjustment: +$32,743.
Adjusted +$226,255 for 670 sqft more living space and -$38,510 for being older. Net adjustment: +$187,745.
Adjusted +$53,018 for 157 sqft more living space and -$38,510 for being older. Net adjustment: +$14,508.
Adjusted +$11,144 for 33 sqft more living space and -$38,510 for being older. Net adjustment: -$27,366.
The Neighborhood
This home is valued 11.8% 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 +11.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $28,232 across all districts. With a homestead exemption claimed, that drops to $26,394 — saving $1,838 per year. That's $2,200 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% | $15,181 |
| Leander | City | 0.4173% | $5,828 |
| Williamson County | County | 0.3694% | $5,160 |
| Austin Community College | special | 0.1034% | $1,444 |
| Williamson County FM/Rd | County | 0.0443% | $619 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $28,232 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,405,053 would pay approximately $8,770 per month (principal and interest only, excluding taxes and insurance).