3412 ELM RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $848,975 and $1,398,609, with a best estimate of $923,792. That places the property below the L132614A - REAGANS OVERLOOK median of $1,249,806, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$923,792
$1,318,034
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 $848,975 and $1,398,609. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$469,056 for 1,389 sqft less living space. Net adjustment: -$469,056.
Adjusted -$188,433 for 558 sqft less living space. Net adjustment: -$188,433.
Adjusted -$40,861 for 121 sqft less living space. Net adjustment: -$40,861.
Adjusted -$555,843 for 1,646 sqft less living space. Net adjustment: -$555,843.
Adjusted -$192,823 for 571 sqft less living space. Net adjustment: -$192,823.
The Neighborhood
This home is valued 5.5% 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 +5.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $26,642 across all districts. With a homestead exemption claimed, that drops to $24,822 — saving $1,820 per year. That's $2,069 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% | $14,326 |
| Leander | City | 0.4173% | $5,500 |
| Williamson County | County | 0.3694% | $4,869 |
| Austin Community College | special | 0.1034% | $1,363 |
| Williamson County FM/Rd | County | 0.0443% | $584 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $26,642 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $923,792 would pay approximately $5,766 per month (principal and interest only, excluding taxes and insurance).