505 RANCHO VERDE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $187,711 and $414,559, with a best estimate of $366,343. That places the property below the L206414D - Villas at Vista Ridge median of $381,355, in a neighborhood that declined 5.2% over the past year.
Estimated Value Range
$366,343
$393,748
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $187,711 and $414,559. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$30,100 for 154 sqft less living space and -$723 for being older. Net adjustment: -$30,823.
Adjusted -$1,759 for 9 sqft less living space and +$5,784 for being newer. Net adjustment: +$4,025.
Adjusted +$5,668 for 29 sqft more living space and +$6,507 for being newer. Net adjustment: +$12,175.
Adjusted -$159,490 for 816 sqft less living space and -$723 for being older. Net adjustment: -$160,213.
Adjusted -$160,271 for 820 sqft less living space and -$723 for being older. Net adjustment: -$160,994.
The Neighborhood
This home is valued 3.2% above the L206414D - Villas at Vista Ridge median of $381,355. With 547 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.2% over the past year.
L206414D - Villas at Vista Ridge
typicalThis home is +3.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,026 across all districts. With a homestead exemption claimed, that drops to $6,411 — saving $1,615 per year. That's $534 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% | $4,280 |
| Leander | City | 0.4173% | $1,643 |
| Williamson County | County | 0.3694% | $1,455 |
| Austin Community College | special | 0.1034% | $407 |
| Williamson County FM/Rd | County | 0.0443% | $175 |
| Upper Brushy Creek WCID | Water | 0.0170% | $67 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,026 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $366,343 would pay approximately $2,287 per month (principal and interest only, excluding taxes and insurance).