3216 HERRERO PATH, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $506,038 and $635,766, with a best estimate of $620,669. That places the property below the L421509C - CABALLO RANCH median of $665,568, in a neighborhood that declined 1.5% over the past year.
Estimated Value Range
$620,669
$666,888
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 $506,038 and $635,766. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$64,489 for 253 sqft more living space and -$27,689 for being older. Net adjustment: +$36,800.
Adjusted +$34,156 for 134 sqft more living space. Net adjustment: +$34,156.
Adjusted -$2,294 for 9 sqft less living space. Net adjustment: -$2,294.
Adjusted -$183,270 for 719 sqft less living space and -$41,533 for being older. Net adjustment: -$224,803.
Adjusted -$254,131 for 997 sqft less living space and -$13,844 for being older. Net adjustment: -$267,975.
The Neighborhood
This home is in line with the L421509C - CABALLO RANCH median of $665,568. Note that values in this subdivision declined 1.5% over the past year.
L421509C - CABALLO RANCH
typicalThis home is +0.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,212 across all districts. With a homestead exemption claimed, that drops to $11,543 — saving $1,669 per year. That's $962 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% | $7,248 |
| Williamson County | County | 0.3694% | $2,464 |
| Cedar Park | City | 0.3600% | $2,401 |
| Austin Community College | special | 0.1034% | $690 |
| Williamson County FM/Rd | County | 0.0443% | $296 |
| Upper Brushy Creek WCID | Water | 0.0170% | $113 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,212 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $620,669 would pay approximately $3,874 per month (principal and interest only, excluding taxes and insurance).