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617 PALMILLA ST, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed3 bath1,617 sqftBuilt 2016

Property at a Glance

This home is estimated between $275,204 and $508,433, with a best estimate of $309,936. That places the property below the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353, in a neighborhood that declined 11.4% over the past year.

Estimated Value Range

$275,204 $508,433
Best Estimate
$309,936
WCAD Value
$467,355
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in L108416C - OAK CREEK MERITAGE/CASTLE ROCK, this home's estimated market value is between $275,204 and $508,433. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

613 PALMILLA ST, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,788 sqft Built 2016
Raw Value $344,742
Adjusted Value $309,936

Adjusted -$34,806 for 171 sqft less living space. Net adjustment: -$34,806.

625 PALMILLA ST, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
4 bed 3 bath 1,656 sqft Built 2016
Raw Value $516,371
Adjusted Value $508,433

Adjusted -$7,938 for 39 sqft less living space. Net adjustment: -$7,938.

605 PALMILLA ST, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 3 bath 2,255 sqft Built 2016
Raw Value $405,066
Adjusted Value $275,204

Adjusted -$129,862 for 638 sqft less living space. Net adjustment: -$129,862.

629 PALMILLA ST, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,860 sqft Built 2019
Raw Value $357,557
Adjusted Value $305,142

Adjusted -$49,461 for 243 sqft less living space and -$2,954 for being older. Net adjustment: -$52,415.

1001 SUNDROPS ST, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
4 bed 3 bath 1,630 sqft Built 2019
Raw Value $471,227
Adjusted Value $465,627

Adjusted -$2,646 for 13 sqft less living space and -$2,954 for being older. Net adjustment: -$5,600.

The Neighborhood

This home is valued 8.6% above the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353. With 299 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.4% over the past year.

L108416C - OAK CREEK MERITAGE/CASTLE ROCK

typical
299 Properties
$430,353 Median Value
-11.4% YoY Change
1% Have Pool
100% Have Garage
This Home
$467,355
Median
$430,353

This home is +8.6% above the subdivision median.

Tax Analysis

The estimated annual property tax is $9,526 across all districts. With a homestead exemption claimed, that drops to $7,898 — saving $1,628 per year. That's $658 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%$5,080
LeanderCity0.4173%$1,950
Williamson CountyCounty0.3694%$1,727
Austin Community Collegespecial0.1034%$483
Williamson County FM/RdCounty0.0443%$207
Upper Brushy Creek WCIDWater0.0170%$79
Oak Creek PIDpid0.0000%$0
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T05)other0.0000%$0
Total Annual Tax2.0384%$9,526

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $309,936 would pay approximately $1,935 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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