3404 ELM RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $889,836 and $1,358,895, with a best estimate of $966,645. 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
$966,645
$1,439,470
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 $889,836 and $1,358,895. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$428,195 for 1,268 sqft less living space. Net adjustment: -$428,195.
Adjusted -$514,982 for 1,525 sqft less living space. Net adjustment: -$514,982.
Adjusted +$40,861 for 121 sqft more living space. Net adjustment: +$40,861.
Adjusted -$110,763 for 328 sqft less living space. Net adjustment: -$110,763.
Adjusted -$147,572 for 437 sqft less living space. Net adjustment: -$147,572.
The Neighborhood
This home is valued 15.2% 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
above averageThis home is +15.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $29,097 across all districts. With a homestead exemption claimed, that drops to $27,249 — saving $1,848 per year. That's $2,271 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% | $15,646 |
| Leander | City | 0.4173% | $6,007 |
| Williamson County | County | 0.3694% | $5,318 |
| Austin Community College | special | 0.1034% | $1,488 |
| Williamson County FM/Rd | County | 0.0443% | $638 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $29,097 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $966,645 would pay approximately $6,034 per month (principal and interest only, excluding taxes and insurance).