1120 SAINT MICHELLE CT, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $518,706 and $734,311, with a best estimate of $531,559. 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
$531,559
$515,217
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 $518,706 and $734,311. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$3,915 for 16 sqft more living space and +$5,038 for being newer. Net adjustment: +$8,953.
Adjusted +$29,361 for 120 sqft more living space. Net adjustment: +$29,361.
Adjusted +$80,743 for 330 sqft more living space and +$5,038 for being newer. Net adjustment: +$85,781.
Adjusted +$74,626 for 305 sqft more living space and +$5,038 for being newer. Net adjustment: +$79,664.
Adjusted +$37,435 for 153 sqft more living space and +$5,038 for being newer. Net adjustment: +$42,473.
The Neighborhood
This home is valued 15.5% below the L133515C - PALMER RIDGE median of $609,561. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.8% over the past year.
L133515C - PALMER RIDGE
below averageThis home is -15.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,475 across all districts. With a homestead exemption claimed, that drops to $10,837 — saving $1,638 per year. That's $903 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% | $5,600 |
| Leander | City | 0.4173% | $2,150 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,061 |
| Williamson County | County | 0.3694% | $1,903 |
| Austin Community College | special | 0.1034% | $533 |
| Williamson County FM/Rd | County | 0.0443% | $228 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $12,475 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $531,559 would pay approximately $3,318 per month (principal and interest only, excluding taxes and insurance).