3301 ELM RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,246,843 and $1,466,880, with a best estimate of $1,329,218. That places the property above the L132614A - REAGANS OVERLOOK median of $1,249,806, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$1,329,218
$1,342,783
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 $1,246,843 and $1,466,880. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$51,667 for 153 sqft less living space. Net adjustment: -$51,667.
Adjusted -$87,463 for 259 sqft less living space and -$12,837 for being older. Net adjustment: -$100,300.
Adjusted +$159,729 for 473 sqft more living space and -$12,837 for being older. Net adjustment: +$146,892.
Adjusted +$362,007 for 1,072 sqft more living space and -$12,837 for being older. Net adjustment: +$349,170.
Adjusted -$46,264 for 137 sqft less living space and -$12,837 for being older. Net adjustment: -$59,101.
The Neighborhood
This home is valued 7.4% 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 +7.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $27,142 across all districts. With a homestead exemption claimed, that drops to $25,317 — saving $1,825 per year. That's $2,110 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% | $14,595 |
| Leander | City | 0.4173% | $5,603 |
| Williamson County | County | 0.3694% | $4,961 |
| Austin Community College | special | 0.1034% | $1,388 |
| Williamson County FM/Rd | County | 0.0443% | $595 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $27,142 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,329,218 would pay approximately $8,297 per month (principal and interest only, excluding taxes and insurance).