2116 PALMERA RIDGE BLVD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $538,654 and $672,915, with a best estimate of $650,974. That places the property above the L133616C - PALMERA RIDGE MI HOMES median of $454,190, in a neighborhood that declined 6.1% over the past year.
Estimated Value Range
$650,974
$495,730
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L133616C - PALMERA RIDGE MI HOMES, this home's estimated market value is between $538,654 and $672,915. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$169,663 for 784 sqft more living space and +$4,309 for being newer. Net adjustment: +$173,972.
Adjusted +$158,626 for 733 sqft more living space. Net adjustment: +$158,626.
Adjusted +$125,516 for 580 sqft more living space. Net adjustment: +$125,516.
Adjusted +$86,563 for 400 sqft more living space and +$4,309 for being newer. Net adjustment: +$90,872.
Adjusted +$112,531 for 520 sqft more living space and +$4,309 for being newer. Net adjustment: +$116,840.
The Neighborhood
This home is valued 9.1% above the L133616C - PALMERA RIDGE MI HOMES median of $454,190. With 227 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.1% over the past year.
L133616C - PALMERA RIDGE MI HOMES
typicalThis home is +9.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,088 across all districts. With a homestead exemption claimed, that drops to $10,454 — saving $1,634 per year. That's $871 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% | $5,388 |
| Leander | City | 0.4173% | $2,069 |
| Palmera Ridge MUD | MUD | 0.4000% | $1,983 |
| Williamson County | County | 0.3694% | $1,831 |
| Austin Community College | special | 0.1034% | $513 |
| Williamson County FM/Rd | County | 0.0443% | $220 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $12,088 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $650,974 would pay approximately $4,063 per month (principal and interest only, excluding taxes and insurance).