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2312 BELEN DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

5 bed4 bath2,514 sqftBuilt 2016

Property at a Glance

This home is estimated between $504,091 and $812,147, with a best estimate of $657,005. That places the property above the L133515C - PALMER RIDGE median of $609,561, in a neighborhood that declined 7.8% over the past year.

Estimated Value Range

$504,091 $812,147
Best Estimate
$657,005
WCAD Value
$782,084
Low Confidence

Based on 5 comparable properties(1 in the same subdivision)

There are 5 comparable properties within range, but few are in L133515C - PALMER RIDGE. The estimated range of $504,091 and $812,147 should be treated as a rough guide.

Comparable Properties (5)

2408 CARRETERA DR, LEANDER, TX 78641
0.00 mi 98% similar Same subdivision
4 bed 3 bath 1,748 sqft Built 2016
Raw Value $624,726
Adjusted Value $812,147

Adjusted +$187,421 for 766 sqft more living space. Net adjustment: +$187,421.

5 bed 5 bath 3,313 sqft Built 2024
Raw Value $953,581
Adjusted Value $798,388

Adjusted -$195,495 for 799 sqft less living space and +$40,302 for being newer. Net adjustment: -$155,193.

3 bed 2 bath 2,352 sqft Built 2016
Raw Value $464,454
Adjusted Value $504,091

Adjusted +$39,637 for 162 sqft more living space. Net adjustment: +$39,637.

3 bed 2 bath 2,675 sqft Built 2019
Raw Value $628,589
Adjusted Value $604,309

Adjusted -$39,393 for 161 sqft less living space and +$15,113 for being newer. Net adjustment: -$24,280.

4 bed 2 bath 1,937 sqft Built 2015
Raw Value $520,866
Adjusted Value $657,005

Adjusted +$141,177 for 577 sqft more living space and -$5,038 for being older. Net adjustment: +$136,139.

The Neighborhood

This home is valued 28.3% 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

above average
631 Properties
$609,561 Median Value
-7.8% YoY Change
0% Have Pool
100% Have Garage
This Home
$782,084
Median
$609,561

This home is +28.3% above the subdivision median.

Tax Analysis

The estimated annual property tax is $19,070 across all districts. With a homestead exemption claimed, that drops to $17,371 — saving $1,699 per year. That's $1,448 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$8,500
LeanderCity0.4173%$3,263
Palmera Ridge MUDMUD0.4000%$3,128
Williamson CountyCounty0.3694%$2,889
Austin Community Collegespecial0.1034%$809
Williamson County FM/RdCounty0.0443%$347
Upper Brushy Creek WCIDWater0.0170%$133
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.4384%$19,070

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $657,005 would pay approximately $4,101 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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