1136 CATHEDRAL OAKS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $396,845 and $655,912, with a best estimate of $612,106. That places the property above the L133515C - PALMER RIDGE median of $609,561, in a neighborhood that declined 7.8% over the past year.
Estimated Value Range
$612,106
$483,984
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 $396,845 and $655,912. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$201,367 for 823 sqft less living space and -$10,076 for being older. Net adjustment: -$211,443.
Adjusted +$75,849 for 310 sqft more living space and -$15,113 for being older. Net adjustment: +$60,736.
Adjusted +$51,137 for 209 sqft more living space and -$15,113 for being older. Net adjustment: +$36,024.
Adjusted -$27,648 for 113 sqft less living space and -$15,113 for being older. Net adjustment: -$42,761.
Adjusted -$95,912 for 392 sqft less living space and -$15,113 for being older. Net adjustment: -$111,025.
The Neighborhood
This home is valued 20.6% 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 -20.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,719 across all districts. With a homestead exemption claimed, that drops to $10,087 — saving $1,632 per year. That's $841 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% | $5,260 |
| Leander | City | 0.4173% | $2,020 |
| Palmera Ridge MUD | MUD | 0.4000% | $1,936 |
| Williamson County | County | 0.3694% | $1,788 |
| Austin Community College | special | 0.1034% | $500 |
| Williamson County FM/Rd | County | 0.0443% | $215 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $11,719 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $612,106 would pay approximately $3,821 per month (principal and interest only, excluding taxes and insurance).