2405 AIRPORT DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $366,744 and $691,025, with a best estimate of $568,750. 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
$568,750
$770,279
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 $366,744 and $691,025. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$197,208 for 806 sqft less living space. Net adjustment: -$197,208.
Adjusted -$232,441 for 950 sqft less living space and -$25,189 for being older. Net adjustment: -$257,630.
Adjusted -$194,516 for 795 sqft less living space and -$15,113 for being older. Net adjustment: -$209,629.
Adjusted -$122,827 for 502 sqft less living space and -$15,113 for being older. Net adjustment: -$137,940.
Adjusted -$200,388 for 819 sqft less living space. Net adjustment: -$200,388.
The Neighborhood
This home is valued 26.4% 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 averageThis home is +26.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $18,782 across all districts. With a homestead exemption claimed, that drops to $17,086 — saving $1,696 per year. That's $1,424 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% | $8,372 |
| Leander | City | 0.4173% | $3,214 |
| Palmera Ridge MUD | MUD | 0.4000% | $3,081 |
| Williamson County | County | 0.3694% | $2,846 |
| Austin Community College | special | 0.1034% | $796 |
| Williamson County FM/Rd | County | 0.0443% | $341 |
| Upper Brushy Creek WCID | Water | 0.0170% | $131 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $18,782 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $568,750 would pay approximately $3,550 per month (principal and interest only, excluding taxes and insurance).