3206 HERRERO PATH, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $576,389 and $854,605, with a best estimate of $691,020. That places the property above the L421509C - CABALLO RANCH median of $665,568, in a neighborhood that declined 1.5% over the past year.
Estimated Value Range
$691,020
$629,800
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L421509C - CABALLO RANCH, this home's estimated market value is between $576,389 and $854,605. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$79,018 for 310 sqft more living space and -$55,377 for being older. Net adjustment: +$23,641.
Adjusted -$86,410 for 339 sqft less living space and -$41,533 for being older. Net adjustment: -$127,943.
Adjusted +$104,507 for 410 sqft more living space. Net adjustment: +$104,507.
Adjusted +$68,057 for 267 sqft more living space. Net adjustment: +$68,057.
Adjusted -$112,919 for 443 sqft less living space and -$41,533 for being older. Net adjustment: -$154,452.
The Neighborhood
This home is valued 5.4% below the L421509C - CABALLO RANCH median of $665,568. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.5% over the past year.
L421509C - CABALLO RANCH
typicalThis home is -5.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,477 across all districts. With a homestead exemption claimed, that drops to $10,816 — saving $1,661 per year. That's $901 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% | $6,845 |
| Williamson County | County | 0.3694% | $2,327 |
| Cedar Park | City | 0.3600% | $2,267 |
| Austin Community College | special | 0.1034% | $651 |
| Williamson County FM/Rd | County | 0.0443% | $279 |
| Upper Brushy Creek WCID | Water | 0.0170% | $107 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,477 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $691,020 would pay approximately $4,313 per month (principal and interest only, excluding taxes and insurance).