505 CEREZO DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $416,526 and $620,682, with a best estimate of $420,494. That places the property above the L206414D - Villas at Vista Ridge median of $381,355, in a neighborhood that declined 5.2% over the past year.
Estimated Value Range
$420,494
$380,808
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 $416,526 and $620,682. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$72,708 for 372 sqft more living space and -$1,446 for being older. Net adjustment: +$71,262.
Adjusted +$73,490 for 376 sqft more living space and -$1,446 for being older. Net adjustment: +$72,044.
Adjusted +$70,363 for 360 sqft more living space. Net adjustment: +$70,363.
Adjusted -$24,236 for 124 sqft less living space and +$10,121 for being newer. Net adjustment: -$14,115.
Adjusted +$202,880 for 1,038 sqft more living space and -$1,446 for being older. Net adjustment: +$201,434.
The Neighborhood
This home is in line with the L206414D - Villas at Vista Ridge median of $381,355. Note that values in this subdivision declined 5.2% over the past year.
L206414D - Villas at Vista Ridge
typicalThis home is -0.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,762 across all districts. With a homestead exemption claimed, that drops to $6,149 — saving $1,613 per year. That's $512 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% | $4,139 |
| Leander | City | 0.4173% | $1,589 |
| Williamson County | County | 0.3694% | $1,407 |
| Austin Community College | special | 0.1034% | $394 |
| Williamson County FM/Rd | County | 0.0443% | $169 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,762 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $420,494 would pay approximately $2,625 per month (principal and interest only, excluding taxes and insurance).