1140 CATHEDRAL OAKS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $390,139 and $649,205, with a best estimate of $605,398. That places the property below the L133515C - PALMER RIDGE median of $609,561, in a neighborhood that declined 7.8% over the past year.
Estimated Value Range
$605,398
$477,539
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L133515C - PALMER RIDGE, this home's estimated market value is between $390,139 and $649,205. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$213,111 for 871 sqft less living space and -$5,038 for being older. Net adjustment: -$218,149.
Adjusted +$64,105 for 262 sqft more living space and -$10,076 for being older. Net adjustment: +$54,029.
Adjusted +$39,393 for 161 sqft more living space and -$10,076 for being older. Net adjustment: +$29,317.
Adjusted -$39,393 for 161 sqft less living space and -$10,076 for being older. Net adjustment: -$49,469.
Adjusted -$107,657 for 440 sqft less living space and -$10,076 for being older. Net adjustment: -$117,733.
The Neighborhood
This home is valued 21.7% below the L133515C - PALMER RIDGE median of $609,561. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.8% over the past year.
L133515C - PALMER RIDGE
below averageThis home is -21.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,563 across all districts. With a homestead exemption claimed, that drops to $9,932 — saving $1,631 per year. That's $828 per month a buyer should budget. The assessed value increased -0.7% vs the subdivision average of -7.8%. This above-average increase gives a protest opportunity score of 36 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,190 |
| Leander | City | 0.4173% | $1,993 |
| Palmera Ridge MUD | MUD | 0.4000% | $1,910 |
| Williamson County | County | 0.3694% | $1,764 |
| Austin Community College | special | 0.1034% | $494 |
| Williamson County FM/Rd | County | 0.0443% | $212 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $11,563 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $605,398 would pay approximately $3,779 per month (principal and interest only, excluding taxes and insurance).