2016 CARITAS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $458,244 and $601,333, with a best estimate of $501,179. That places the property above the L133616C - PALMERA RIDGE MI HOMES median of $454,190, in a neighborhood that declined 6.1% over the past year.
Estimated Value Range
$501,179
$447,912
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L133616C - PALMERA RIDGE MI HOMES, this home's estimated market value is between $458,244 and $601,333. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$81,369 for 376 sqft more living space. Net adjustment: +$81,369.
Adjusted +$112,531 for 520 sqft more living space and +$4,309 for being newer. Net adjustment: +$116,840.
Adjusted +$104,524 for 483 sqft more living space and +$4,309 for being newer. Net adjustment: +$108,833.
Adjusted +$19,909 for 92 sqft more living space. Net adjustment: +$19,909.
Adjusted +$112,099 for 518 sqft more living space. Net adjustment: +$112,099.
The Neighborhood
This home is valued 1.4% below the L133616C - PALMERA RIDGE MI HOMES median of $454,190. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.1% over the past year.
L133616C - PALMERA RIDGE MI HOMES
typicalThis home is -1.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,922 across all districts. With a homestead exemption claimed, that drops to $9,296 — saving $1,626 per year. That's $775 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% | $4,868 |
| Leander | City | 0.4173% | $1,869 |
| Palmera Ridge MUD | MUD | 0.4000% | $1,792 |
| Williamson County | County | 0.3694% | $1,655 |
| Austin Community College | special | 0.1034% | $463 |
| Williamson County FM/Rd | County | 0.0443% | $199 |
| Upper Brushy Creek WCID | Water | 0.0170% | $76 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $10,922 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $501,179 would pay approximately $3,128 per month (principal and interest only, excluding taxes and insurance).