3600 ELM RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,280,185 and $1,720,507, with a best estimate of $1,434,162. That places the property above the L132614A - REAGANS OVERLOOK median of $1,249,806, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$1,434,162
$1,396,711
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L132614A - REAGANS OVERLOOK, this home's estimated market value is between $1,280,185 and $1,720,507. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$174,587 for 517 sqft more living space. Net adjustment: +$174,587.
Adjusted -$111,777 for 331 sqft less living space. Net adjustment: -$111,777.
Adjusted -$21,950 for 65 sqft less living space and +$38,510 for being newer. Net adjustment: +$16,560.
Adjusted -$80,033 for 237 sqft less living space and +$25,673 for being newer. Net adjustment: -$54,360.
Adjusted +$366,735 for 1,086 sqft more living space and -$12,837 for being older. Net adjustment: +$353,898.
The Neighborhood
This home is valued 11.8% above the L132614A - REAGANS OVERLOOK median of $1,249,806. With 195 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.5% over the past year.
L132614A - REAGANS OVERLOOK
typicalThis home is +11.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $28,233 across all districts. With a homestead exemption claimed, that drops to $26,395 — saving $1,838 per year. That's $2,200 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% | $15,181 |
| Leander | City | 0.4173% | $5,828 |
| Williamson County | County | 0.3694% | $5,160 |
| Austin Community College | special | 0.1034% | $1,444 |
| Williamson County FM/Rd | County | 0.0443% | $619 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $28,233 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,434,162 would pay approximately $8,952 per month (principal and interest only, excluding taxes and insurance).