521 PALMILLA ST, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $379,906 and $561,358, with a best estimate of $409,963. 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
$409,963
$384,183
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 $379,906 and $561,358. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$7,124 for 35 sqft less living space and +$985 for being newer. Net adjustment: -$6,139.
Adjusted +$55,568 for 273 sqft more living space and +$1,970 for being newer. Net adjustment: +$57,538.
Adjusted +$110,525 for 543 sqft more living space and +$2,954 for being newer. Net adjustment: +$113,479.
Adjusted +$55,568 for 273 sqft more living space and +$1,970 for being newer. Net adjustment: +$57,538.
Adjusted +$8,345 for 41 sqft more living space and +$1,970 for being newer. Net adjustment: +$10,315.
The Neighborhood
This home is valued 10.7% below the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
L108416C - OAK CREEK MERITAGE/CASTLE ROCK
typicalThis home is -10.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,831 across all districts. With a homestead exemption claimed, that drops to $6,218 — saving $1,613 per year. That's $518 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% | $4,176 |
| Leander | City | 0.4173% | $1,603 |
| Williamson County | County | 0.3694% | $1,419 |
| Austin Community College | special | 0.1034% | $397 |
| Williamson County FM/Rd | County | 0.0443% | $170 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Oak Creek PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,831 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $409,963 would pay approximately $2,559 per month (principal and interest only, excluding taxes and insurance).