703 RIDGEMAR RD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $193,507 and $411,749, with a best estimate of $271,227. That places the property below the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063, in a neighborhood that declined 25.0% over the past year.
Estimated Value Range
$271,227
$482,228
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L010D82C - Leander Williamson Abstracts le 20 Acres. The estimated range of $193,507 and $411,749 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$22,858 for 70 sqft less living space and -$97,887 for being older. Net adjustment: -$120,745.
Adjusted +$17,633 for 54 sqft more living space and -$103,326 for being older. Net adjustment: -$85,693.
Adjusted -$155,107 for 475 sqft less living space and +$21,753 for being newer. Net adjustment: -$133,354.
Adjusted +$123,759 for 379 sqft more living space and +$38,067 for being newer. Net adjustment: +$161,826.
Adjusted -$40,165 for 123 sqft less living space and -$174,022 for being older. Net adjustment: -$214,187.
The Neighborhood
This home is valued 36.1% below the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 25.0% over the past year.
L010D82C - Leander Williamson Abstracts le 20 Acres
below averageThis home is -36.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,830 across all districts. With a homestead exemption claimed, that drops to $8,198 — saving $1,632 per year. That's $683 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% | $5,241 |
| Leander | City | 0.4173% | $2,012 |
| Williamson County | County | 0.3694% | $1,782 |
| Austin Community College | special | 0.1034% | $499 |
| Williamson County FM/Rd | County | 0.0443% | $214 |
| Upper Brushy Creek WCID | Water | 0.0170% | $82 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $9,830 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $271,227 would pay approximately $1,693 per month (principal and interest only, excluding taxes and insurance).