1200 CATHEDRAL OAKS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $405,798 and $664,864, with a best estimate of $621,058. That places the property above the L133515C - PALMER RIDGE median of $609,561, in a neighborhood that declined 7.8% over the past year.
Estimated Value Range
$621,058
$485,132
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 $405,798 and $664,864. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$197,452 for 807 sqft less living space and -$5,038 for being older. Net adjustment: -$202,490.
Adjusted +$79,764 for 326 sqft more living space and -$10,076 for being older. Net adjustment: +$69,688.
Adjusted +$55,052 for 225 sqft more living space and -$10,076 for being older. Net adjustment: +$44,976.
Adjusted -$23,733 for 97 sqft less living space and -$10,076 for being older. Net adjustment: -$33,809.
Adjusted -$91,998 for 376 sqft less living space and -$10,076 for being older. Net adjustment: -$102,074.
The Neighborhood
This home is valued 20.4% below the L133515C - PALMER RIDGE median of $609,561. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.8% over the past year.
L133515C - PALMER RIDGE
below averageThis home is -20.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,747 across all districts. With a homestead exemption claimed, that drops to $10,115 — saving $1,632 per year. That's $843 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% | $5,273 |
| Leander | City | 0.4173% | $2,024 |
| Palmera Ridge MUD | MUD | 0.4000% | $1,941 |
| Williamson County | County | 0.3694% | $1,792 |
| Austin Community College | special | 0.1034% | $502 |
| Williamson County FM/Rd | County | 0.0443% | $215 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $11,747 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $621,058 would pay approximately $3,877 per month (principal and interest only, excluding taxes and insurance).