3204 HERRERO PATH, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $521,173 and $794,449, with a best estimate of $643,571. That places the property below the L421509C - CABALLO RANCH median of $665,568, in a neighborhood that declined 1.5% over the past year.
Estimated Value Range
$643,571
$624,055
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L421509C - CABALLO RANCH, this home's estimated market value is between $521,173 and $794,449. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$74,685 for 293 sqft more living space and -$27,689 for being older. Net adjustment: +$46,996.
Adjusted +$18,862 for 74 sqft more living space and -$55,377 for being older. Net adjustment: -$36,515.
Adjusted -$146,565 for 575 sqft less living space and -$41,533 for being older. Net adjustment: -$188,098.
Adjusted +$44,352 for 174 sqft more living space. Net adjustment: +$44,352.
Adjusted +$7,902 for 31 sqft more living space. Net adjustment: +$7,902.
The Neighborhood
This home is valued 6.2% below the L421509C - CABALLO RANCH median of $665,568. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.5% over the past year.
L421509C - CABALLO RANCH
typicalThis home is -6.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,363 across all districts. With a homestead exemption claimed, that drops to $10,704 — saving $1,659 per year. That's $892 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% | $6,783 |
| Williamson County | County | 0.3694% | $2,306 |
| Cedar Park | City | 0.3600% | $2,247 |
| Austin Community College | special | 0.1034% | $645 |
| Williamson County FM/Rd | County | 0.0443% | $277 |
| Upper Brushy Creek WCID | Water | 0.0170% | $106 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,363 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $643,571 would pay approximately $4,017 per month (principal and interest only, excluding taxes and insurance).