1116 AZUL LAGOON DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $490,069 and $660,568, with a best estimate of $584,475. That places the property below the L133515C - PALMER RIDGE median of $609,561, in a neighborhood that declined 7.8% over the past year.
Estimated Value Range
$584,475
$676,007
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L133515C - PALMER RIDGE, this home's estimated market value is between $490,069 and $660,568. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$6,117 for 25 sqft less living space and -$5,038 for being older. Net adjustment: -$11,155.
Adjusted -$19,329 for 79 sqft less living space. Net adjustment: -$19,329.
Adjusted -$84,902 for 347 sqft less living space and -$20,151 for being older. Net adjustment: -$105,053.
Adjusted -$78,296 for 320 sqft less living space and -$10,076 for being older. Net adjustment: -$88,372.
Adjusted -$59,456 for 243 sqft less living space and -$10,076 for being older. Net adjustment: -$69,532.
The Neighborhood
This home is valued 10.9% above the L133515C - PALMER RIDGE median of $609,561. With 631 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.8% over the past year.
L133515C - PALMER RIDGE
typicalThis home is +10.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,483 across all districts. With a homestead exemption claimed, that drops to $14,809 — saving $1,674 per year. That's $1,234 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% | $7,348 |
| Leander | City | 0.4173% | $2,821 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,704 |
| Williamson County | County | 0.3694% | $2,497 |
| Austin Community College | special | 0.1034% | $699 |
| Williamson County FM/Rd | County | 0.0443% | $300 |
| Upper Brushy Creek WCID | Water | 0.0170% | $115 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $16,483 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $584,475 would pay approximately $3,648 per month (principal and interest only, excluding taxes and insurance).