3121 PALOMINOS PASS, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $426,587 and $777,822, with a best estimate of $616,900. That places the property below the L421509C - CABALLO RANCH median of $665,568, in a neighborhood that declined 1.5% over the past year.
Estimated Value Range
$616,900
$791,567
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $426,587 and $777,822. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$1,020 for 4 sqft more living space. Net adjustment: +$1,020.
Adjusted -$239,092 for 938 sqft less living space. Net adjustment: -$239,092.
Adjusted +$21,921 for 86 sqft more living space and -$24,372 for no pool. Net adjustment: -$2,451.
Adjusted +$16,568 for 65 sqft more living space and +$13,844 for being newer. Net adjustment: +$30,412.
Adjusted -$241,896 for 949 sqft less living space and +$13,844 for being newer. Net adjustment: -$228,052.
The Neighborhood
This home is valued 18.9% above the L421509C - CABALLO RANCH median of $665,568. With 418 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.5% over the past year.
L421509C - CABALLO RANCH
above averageThis home is +18.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,682 across all districts. With a homestead exemption claimed, that drops to $13,985 — saving $1,697 per year. That's $1,165 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% | $8,604 |
| Williamson County | County | 0.3694% | $2,924 |
| Cedar Park | City | 0.3600% | $2,850 |
| Austin Community College | special | 0.1034% | $818 |
| Williamson County FM/Rd | County | 0.0443% | $351 |
| Upper Brushy Creek WCID | Water | 0.0170% | $135 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $15,682 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $616,900 would pay approximately $3,851 per month (principal and interest only, excluding taxes and insurance).