1121 AREMENIA PATH, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $671,333 and $730,010, with a best estimate of $716,925. 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
$716,925
$514,757
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 $671,333 and $730,010. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$141,422 for 578 sqft more living space and -$5,038 for being older. Net adjustment: +$136,384.
Adjusted +$131,880 for 539 sqft more living space and +$5,038 for being newer. Net adjustment: +$136,918.
Adjusted +$69,488 for 284 sqft more living space and +$5,038 for being newer. Net adjustment: +$74,526.
Adjusted +$59,945 for 245 sqft more living space and +$5,038 for being newer. Net adjustment: +$64,983.
Adjusted +$130,167 for 532 sqft more living space and +$5,038 for being newer. Net adjustment: +$135,205.
The Neighborhood
This home is valued 15.6% 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 -15.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,464 across all districts. With a homestead exemption claimed, that drops to $10,826 — saving $1,638 per year. That's $902 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% | $5,595 |
| Leander | City | 0.4173% | $2,148 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,059 |
| Williamson County | County | 0.3694% | $1,902 |
| Austin Community College | special | 0.1034% | $532 |
| Williamson County FM/Rd | County | 0.0443% | $228 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $12,464 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $716,925 would pay approximately $4,475 per month (principal and interest only, excluding taxes and insurance).