1116 CATHEDRAL OAKS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $439,607 and $698,673, with a best estimate of $673,503. 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
$673,503
$654,867
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 $439,607 and $698,673. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$173,719 for 710 sqft less living space and +$5,038 for being newer. Net adjustment: -$168,681.
Adjusted +$103,497 for 423 sqft more living space. Net adjustment: +$103,497.
Adjusted +$78,785 for 322 sqft more living space. Net adjustment: +$78,785.
Adjusted -$68,264 for 279 sqft less living space. Net adjustment: -$68,264.
Adjusted +$74,381 for 304 sqft more living space and +$10,076 for being newer. Net adjustment: +$84,457.
The Neighborhood
This home is valued 7.4% 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
typicalThis home is +7.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,857 across all districts. With a homestead exemption claimed, that drops to $14,187 — saving $1,670 per year. That's $1,182 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% | $7,118 |
| Leander | City | 0.4173% | $2,733 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,619 |
| Williamson County | County | 0.3694% | $2,419 |
| Austin Community College | special | 0.1034% | $677 |
| Williamson County FM/Rd | County | 0.0443% | $290 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $15,857 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $673,503 would pay approximately $4,204 per month (principal and interest only, excluding taxes and insurance).