2005 CARITAS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $428,003 and $581,424, with a best estimate of $481,269. That places the property above the L133616C - PALMERA RIDGE MI HOMES median of $454,190, in a neighborhood that declined 6.1% over the past year.
Estimated Value Range
$481,269
$438,335
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L133616C - PALMERA RIDGE MI HOMES, this home's estimated market value is between $428,003 and $581,424. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$19,909 for 92 sqft less living space. Net adjustment: -$19,909.
Adjusted +$61,459 for 284 sqft more living space. Net adjustment: +$61,459.
Adjusted +$92,622 for 428 sqft more living space and +$4,309 for being newer. Net adjustment: +$96,931.
Adjusted +$84,615 for 391 sqft more living space and +$4,309 for being newer. Net adjustment: +$88,924.
Adjusted +$92,189 for 426 sqft more living space. Net adjustment: +$92,189.
The Neighborhood
This home is valued 3.5% below the L133616C - PALMERA RIDGE MI HOMES median of $454,190. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.1% over the past year.
L133616C - PALMERA RIDGE MI HOMES
typicalThis home is -3.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,688 across all districts. With a homestead exemption claimed, that drops to $9,065 — saving $1,623 per year. That's $755 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% | $4,764 |
| Leander | City | 0.4173% | $1,829 |
| Palmera Ridge MUD | MUD | 0.4000% | $1,753 |
| Williamson County | County | 0.3694% | $1,619 |
| Austin Community College | special | 0.1034% | $453 |
| Williamson County FM/Rd | County | 0.0443% | $194 |
| Upper Brushy Creek WCID | Water | 0.0170% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $10,688 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $481,269 would pay approximately $3,004 per month (principal and interest only, excluding taxes and insurance).