1920 RED PARROT TER, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $458,674 and $747,827, with a best estimate of $511,252. 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
$511,252
$688,968
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 $458,674 and $747,827. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$174,698 for 714 sqft less living space. Net adjustment: -$174,698.
Adjusted -$31,808 for 130 sqft less living space. Net adjustment: -$31,808.
Adjusted +$43,797 for 179 sqft more living space. Net adjustment: +$43,797.
Adjusted +$149,741 for 612 sqft more living space. Net adjustment: +$149,741.
Adjusted -$75,115 for 307 sqft less living space. Net adjustment: -$75,115.
The Neighborhood
This home is valued 13.0% above the L133515C - PALMER RIDGE median of $609,561. With 631 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.8% over the past year.
L133515C - PALMER RIDGE
typicalThis home is +13.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,682 across all districts. With a homestead exemption claimed, that drops to $15,005 — saving $1,677 per year. That's $1,250 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% | $7,488 |
| Leander | City | 0.4173% | $2,875 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,756 |
| Williamson County | County | 0.3694% | $2,545 |
| Austin Community College | special | 0.1034% | $712 |
| Williamson County FM/Rd | County | 0.0443% | $305 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $16,682 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $511,252 would pay approximately $3,191 per month (principal and interest only, excluding taxes and insurance).