1144 CATHEDRAL OAKS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $482,291 and $683,490, with a best estimate of $536,734. 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
$536,734
$511,337
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 $482,291 and $683,490. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$20,063 for 82 sqft more living space and -$10,076 for being older. Net adjustment: +$9,987.
Adjusted -$48,201 for 197 sqft less living space and -$10,076 for being older. Net adjustment: -$58,277.
Adjusted +$94,444 for 386 sqft more living space. Net adjustment: +$94,444.
Adjusted -$4,404 for 18 sqft less living space and +$5,038 for being newer. Net adjustment: +$634.
Adjusted +$47,712 for 195 sqft more living space and +$5,038 for being newer. Net adjustment: +$52,750.
The Neighborhood
This home is valued 16.1% 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 -16.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,381 across all districts. With a homestead exemption claimed, that drops to $10,744 — saving $1,637 per year. That's $895 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% | $5,558 |
| Leander | City | 0.4173% | $2,134 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,045 |
| Williamson County | County | 0.3694% | $1,889 |
| Austin Community College | special | 0.1034% | $529 |
| Williamson County FM/Rd | County | 0.0443% | $227 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $12,381 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $536,734 would pay approximately $3,350 per month (principal and interest only, excluding taxes and insurance).