2305 CARRETERA DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $487,943 and $795,998, with a best estimate of $588,161. 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
$588,161
$641,467
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L133515C - PALMER RIDGE. The estimated range of $487,943 and $795,998 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$171,272 for 700 sqft more living space. Net adjustment: +$171,272.
Adjusted +$23,489 for 96 sqft more living space. Net adjustment: +$23,489.
Adjusted +$125,029 for 511 sqft more living space and -$5,038 for being older. Net adjustment: +$119,991.
Adjusted -$55,541 for 227 sqft less living space and +$15,113 for being newer. Net adjustment: -$40,428.
Adjusted +$99,827 for 408 sqft more living space. Net adjustment: +$99,827.
The Neighborhood
This home is valued 5.2% above the L133515C - PALMER RIDGE median of $609,561. With 631 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.8% over the past year.
L133515C - PALMER RIDGE
typicalThis home is +5.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,641 across all districts. With a homestead exemption claimed, that drops to $13,974 — saving $1,667 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% | $6,972 |
| Leander | City | 0.4173% | $2,677 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,566 |
| Williamson County | County | 0.3694% | $2,370 |
| Austin Community College | special | 0.1034% | $663 |
| Williamson County FM/Rd | County | 0.0443% | $284 |
| Upper Brushy Creek WCID | Water | 0.0170% | $109 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $15,641 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $588,161 would pay approximately $3,671 per month (principal and interest only, excluding taxes and insurance).