2412 CARRETERA DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $499,100 and $741,926, with a best estimate of $516,194. That places the property below the L133515C - PALMER RIDGE median of $609,561, in a neighborhood that declined 7.8% over the past year.
Estimated Value Range
$516,194
$516,066
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 $499,100 and $741,926. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$52,116 for 213 sqft more living space and +$10,076 for being newer. Net adjustment: +$62,192.
Adjusted -$107,901 for 441 sqft less living space and +$10,076 for being newer. Net adjustment: -$97,825.
Adjusted +$22,999 for 94 sqft more living space. Net adjustment: +$22,999.
Adjusted -$81,477 for 333 sqft less living space and -$5,038 for being older. Net adjustment: -$86,515.
Adjusted -$28,138 for 115 sqft less living space and +$5,038 for being newer. Net adjustment: -$23,100.
The Neighborhood
This home is valued 15.3% 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
below averageThis home is -15.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,584 across all districts. With a homestead exemption claimed, that drops to $10,945 — saving $1,639 per year. That's $912 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% | $5,609 |
| Leander | City | 0.4173% | $2,153 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,064 |
| Williamson County | County | 0.3694% | $1,907 |
| Austin Community College | special | 0.1034% | $534 |
| Williamson County FM/Rd | County | 0.0443% | $229 |
| Upper Brushy Creek WCID | Water | 0.0170% | $88 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $12,584 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $516,194 would pay approximately $3,222 per month (principal and interest only, excluding taxes and insurance).