2316 CARRETERA DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $609,646 and $917,701, with a best estimate of $762,560. 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
$762,560
$667,542
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 $609,646 and $917,701 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$84,902 for 347 sqft less living space and +$35,265 for being newer. Net adjustment: -$49,637.
Adjusted +$298,013 for 1,218 sqft more living space and -$5,038 for being older. Net adjustment: +$292,975.
Adjusted +$71,200 for 291 sqft more living space and +$10,076 for being newer. Net adjustment: +$81,276.
Adjusted +$150,230 for 614 sqft more living space and -$5,038 for being older. Net adjustment: +$145,192.
Adjusted +$251,770 for 1,029 sqft more living space and -$10,076 for being older. Net adjustment: +$241,694.
The Neighborhood
This home is valued 9.5% 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 +9.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,277 across all districts. With a homestead exemption claimed, that drops to $14,604 — saving $1,673 per year. That's $1,217 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% | $7,256 |
| Leander | City | 0.4173% | $2,786 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,670 |
| Williamson County | County | 0.3694% | $2,466 |
| 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 | 2.4384% | $16,277 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $762,560 would pay approximately $4,760 per month (principal and interest only, excluding taxes and insurance).