1121 CATHEDRAL OAKS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $317,752 and $639,441, with a best estimate of $519,618. 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
$519,618
$598,142
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L133515C - PALMER RIDGE. The estimated range of $317,752 and $639,441 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$28,872 for 118 sqft less living space and -$25,189 for being older. Net adjustment: -$54,061.
Adjusted -$28,138 for 115 sqft less living space and -$25,189 for being older. Net adjustment: -$53,327.
Adjusted -$5,383 for 22 sqft less living space and +$15,113 for being newer and +$60,193 for having a garage. Net adjustment: +$69,923.
Adjusted +$70,222 for 287 sqft more living space and -$25,189 for being older. Net adjustment: +$45,033.
Adjusted -$89,306 for 365 sqft less living space and -$35,265 for being older. Net adjustment: -$124,571.
The Neighborhood
This home is valued 1.9% 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
typicalThis home is -1.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,483 across all districts. With a homestead exemption claimed, that drops to $12,826 — saving $1,657 per year. That's $1,069 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% | $6,501 |
| Leander | City | 0.4173% | $2,496 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,393 |
| Williamson County | County | 0.3694% | $2,210 |
| Austin Community College | special | 0.1034% | $618 |
| Williamson County FM/Rd | County | 0.0443% | $265 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $14,483 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $519,618 would pay approximately $3,243 per month (principal and interest only, excluding taxes and insurance).