1141 CATHEDRAL OAKS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $507,871 and $766,937, with a best estimate of $741,767. 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
$741,767
$540,568
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 $507,871 and $766,937. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$105,455 for 431 sqft less living space and +$5,038 for being newer. Net adjustment: -$100,417.
Adjusted +$171,761 for 702 sqft more living space. Net adjustment: +$171,761.
Adjusted +$147,049 for 601 sqft more living space. Net adjustment: +$147,049.
Adjusted +$68,264 for 279 sqft more living space. Net adjustment: +$68,264.
Adjusted +$142,645 for 583 sqft more living space and +$10,076 for being newer. Net adjustment: +$152,721.
The Neighborhood
This home is valued 11.3% 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
typicalThis home is -11.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,089 across all districts. With a homestead exemption claimed, that drops to $11,445 — saving $1,644 per year. That's $954 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% | $5,875 |
| Leander | City | 0.4173% | $2,256 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,162 |
| Williamson County | County | 0.3694% | $1,997 |
| Austin Community College | special | 0.1034% | $559 |
| Williamson County FM/Rd | County | 0.0443% | $240 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $13,089 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $741,767 would pay approximately $4,630 per month (principal and interest only, excluding taxes and insurance).