2508 BELEN DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $566,857 and $804,792, with a best estimate of $655,658. 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
$655,658
$601,478
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 $566,857 and $804,792. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$48,690 for 199 sqft less living space. Net adjustment: -$48,690.
Adjusted -$11,500 for 47 sqft less living space. Net adjustment: -$11,500.
Adjusted -$130,656 for 534 sqft less living space. Net adjustment: -$130,656.
Adjusted -$9,787 for 40 sqft less living space. Net adjustment: -$9,787.
Adjusted -$88,572 for 362 sqft less living space. Net adjustment: -$88,572.
The Neighborhood
This home is valued 1.3% below the L133515C - PALMER RIDGE median of $609,561. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.8% over the past year.
L133515C - PALMER RIDGE
typicalThis home is -1.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,666 across all districts. With a homestead exemption claimed, that drops to $13,008 — saving $1,658 per year. That's $1,084 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% | $6,537 |
| Leander | City | 0.4173% | $2,510 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,406 |
| Williamson County | County | 0.3694% | $2,222 |
| Austin Community College | special | 0.1034% | $622 |
| Williamson County FM/Rd | County | 0.0443% | $267 |
| Upper Brushy Creek WCID | Water | 0.0170% | $102 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $14,666 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $655,658 would pay approximately $4,093 per month (principal and interest only, excluding taxes and insurance).