3205 ELM RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,097,250 and $1,317,286, with a best estimate of $1,179,624. That places the property below the L132614A - REAGANS OVERLOOK median of $1,249,806, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$1,179,624
$1,365,707
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L132614A - REAGANS OVERLOOK, this home's estimated market value is between $1,097,250 and $1,317,286. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$208,694 for 618 sqft less living space. Net adjustment: -$208,694.
Adjusted -$249,893 for 740 sqft less living space. Net adjustment: -$249,893.
Adjusted -$162,431 for 481 sqft less living space and +$12,837 for being newer. Net adjustment: -$149,594.
Adjusted -$2,702 for 8 sqft less living space. Net adjustment: -$2,702.
Adjusted -$214,098 for 634 sqft less living space and +$12,837 for being newer. Net adjustment: -$201,261.
The Neighborhood
This home is valued 9.3% above the L132614A - REAGANS OVERLOOK median of $1,249,806. With 195 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.5% over the past year.
L132614A - REAGANS OVERLOOK
typicalThis home is +9.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $27,606 across all districts. With a homestead exemption claimed, that drops to $25,775 — saving $1,831 per year. That's $2,148 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% | $14,844 |
| Leander | City | 0.4173% | $5,699 |
| Williamson County | County | 0.3694% | $5,046 |
| Austin Community College | special | 0.1034% | $1,412 |
| Williamson County FM/Rd | County | 0.0443% | $605 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $27,606 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,179,624 would pay approximately $7,363 per month (principal and interest only, excluding taxes and insurance).