3312 ELM RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,221,451 and $1,338,561, with a best estimate of $1,270,248. That places the property above the L132614A - REAGANS OVERLOOK median of $1,249,806, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$1,270,248
$1,231,835
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L132614A - REAGANS OVERLOOK, this home's estimated market value is between $1,221,451 and $1,338,561. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$198,901 for 589 sqft less living space. Net adjustment: -$198,901.
Adjusted +$220,851 for 654 sqft more living space. Net adjustment: +$220,851.
Adjusted +$45,251 for 134 sqft more living space and +$12,837 for being newer. Net adjustment: +$58,088.
Adjusted -$183,367 for 543 sqft less living space. Net adjustment: -$183,367.
Adjusted +$18,573 for 55 sqft more living space. Net adjustment: +$18,573.
The Neighborhood
This home is valued 1.4% below the L132614A - REAGANS OVERLOOK median of $1,249,806. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.5% over the past year.
L132614A - REAGANS OVERLOOK
typicalThis home is -1.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $24,900 across all districts. With a homestead exemption claimed, that drops to $23,099 — saving $1,801 per year. That's $1,925 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% | $13,389 |
| Leander | City | 0.4173% | $5,140 |
| Williamson County | County | 0.3694% | $4,551 |
| Austin Community College | special | 0.1034% | $1,274 |
| Williamson County FM/Rd | County | 0.0443% | $546 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $24,900 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,270,248 would pay approximately $7,929 per month (principal and interest only, excluding taxes and insurance).