2840 GARNET RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $483,841 and $571,265, with a best estimate of $503,419. That places the property below the L252500E - GANN RANCH SEC 3 & 4 median of $507,244, in a neighborhood that declined 6.3% over the past year.
Estimated Value Range
$503,419
$431,402
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L252500E - GANN RANCH SEC 3 & 4. The estimated range of $483,841 and $571,265 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$6,531 for 30 sqft less living space and -$4,113 for being older. Net adjustment: -$10,644.
Adjusted +$11,539 for 53 sqft more living space and +$2,468 for being newer. Net adjustment: +$14,007.
Adjusted +$1,959 for 9 sqft more living space and +$5,758 for being newer. Net adjustment: +$7,717.
Adjusted +$24,602 for 113 sqft more living space and +$2,468 for being newer. Net adjustment: +$27,070.
Adjusted +$41,583 for 191 sqft more living space and +$3,290 for being newer. Net adjustment: +$44,873.
The Neighborhood
This home is valued 15.0% below the L252500E - GANN RANCH SEC 3 & 4 median of $507,244. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.3% over the past year.
L252500E - GANN RANCH SEC 3 & 4
typicalThis home is -15.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,794 across all districts. With a homestead exemption claimed, that drops to $7,171 — saving $1,623 per year. That's $598 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% | $4,689 |
| Leander | City | 0.4173% | $1,800 |
| Williamson County | County | 0.3694% | $1,594 |
| Austin Community College | special | 0.1034% | $446 |
| Williamson County FM/Rd | County | 0.0443% | $191 |
| Upper Brushy Creek WCID | Water | 0.0170% | $73 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,794 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $503,419 would pay approximately $3,142 per month (principal and interest only, excluding taxes and insurance).