516 CERRITO CV, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $346,384 and $500,483, with a best estimate of $485,245. That places the property above the L206414D - Villas at Vista Ridge median of $381,355, in a neighborhood that declined 5.2% over the past year.
Estimated Value Range
$485,245
$416,045
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L206414D - Villas at Vista Ridge, this home's estimated market value is between $346,384 and $500,483. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$2,932 for 15 sqft more living space and +$723 for being newer. Net adjustment: +$3,655.
Adjusted +$46,127 for 236 sqft more living space. Net adjustment: +$46,127.
Adjusted +$39,677 for 203 sqft more living space and +$723 for being newer. Net adjustment: +$40,400.
Adjusted +$782 for 4 sqft more living space and +$1,446 for being newer. Net adjustment: +$2,228.
Adjusted +$1,564 for 8 sqft more living space and +$7,953 for being newer. Net adjustment: +$9,517.
The Neighborhood
This home is valued 9.1% above the L206414D - Villas at Vista Ridge median of $381,355. With 547 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.2% over the past year.
L206414D - Villas at Vista Ridge
typicalThis home is +9.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,480 across all districts. With a homestead exemption claimed, that drops to $6,861 — saving $1,619 per year. That's $572 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% | $4,522 |
| Leander | City | 0.4173% | $1,736 |
| Williamson County | County | 0.3694% | $1,537 |
| Austin Community College | special | 0.1034% | $430 |
| Williamson County FM/Rd | County | 0.0443% | $184 |
| Upper Brushy Creek WCID | Water | 0.0170% | $71 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,480 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $485,245 would pay approximately $3,029 per month (principal and interest only, excluding taxes and insurance).