1908 RED PARROT TER, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $414,878 and $704,030, with a best estimate of $467,456. That places the property below the L133515C - PALMER RIDGE median of $609,561, in a neighborhood that declined 7.8% over the past year.
Estimated Value Range
$467,456
$498,290
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 $414,878 and $704,030. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$218,494 for 893 sqft less living space. Net adjustment: -$218,494.
Adjusted -$75,604 for 309 sqft less living space. Net adjustment: -$75,604.
Adjusted +$105,944 for 433 sqft more living space. Net adjustment: +$105,944.
Adjusted -$43,797 for 179 sqft less living space. Net adjustment: -$43,797.
Adjusted -$118,912 for 486 sqft less living space. Net adjustment: -$118,912.
The Neighborhood
This home is valued 18.3% 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
below averageThis home is -18.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,065 across all districts. With a homestead exemption claimed, that drops to $10,431 — saving $1,634 per year. That's $869 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% | $5,416 |
| Leander | City | 0.4173% | $2,079 |
| Palmera Ridge MUD | MUD | 0.4000% | $1,993 |
| Williamson County | County | 0.3694% | $1,841 |
| Austin Community College | special | 0.1034% | $515 |
| Williamson County FM/Rd | County | 0.0443% | $221 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $12,065 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $467,456 would pay approximately $2,918 per month (principal and interest only, excluding taxes and insurance).