508 PALMILLA ST, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $64,074 and $315,880, with a best estimate of $92,192. That places the property below the L106407G - OAK CREEK/HERITAGE GLEN median of $327,442, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$92,192
$294,421
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $64,074 and $315,880. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$31,056 for 144 sqft less living space. Net adjustment: -$31,056.
Adjusted -$27,390 for 127 sqft less living space and +$28,069 for being newer. Net adjustment: +$679.
Adjusted -$214,805 for 996 sqft less living space and -$41,830 for no garage. Net adjustment: -$256,635.
Adjusted -$228,824 for 1,061 sqft less living space and -$41,830 for no garage. Net adjustment: -$270,654.
Adjusted -$232,275 for 1,077 sqft less living space and -$41,830 for no garage. Net adjustment: -$274,105.
The Neighborhood
This home is valued 10.1% below the L106407G - OAK CREEK/HERITAGE GLEN median of $327,442. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.5% over the past year.
L106407G - OAK CREEK/HERITAGE GLEN
typicalThis home is -10.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,001 across all districts. With a homestead exemption claimed, that drops to $4,404 — saving $1,597 per year. That's $367 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% | $3,200 |
| Leander | City | 0.4173% | $1,229 |
| Williamson County | County | 0.3694% | $1,088 |
| Austin Community College | special | 0.1034% | $304 |
| Williamson County FM/Rd | County | 0.0443% | $131 |
| Upper Brushy Creek WCID | Water | 0.0170% | $50 |
| Oak Creek PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,001 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $92,192 would pay approximately $575 per month (principal and interest only, excluding taxes and insurance).