2012 CARITAS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $490,256 and $501,881, with a best estimate of $497,174. 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
$497,174
$523,182
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 $490,256 and $501,881. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$7,791 for 36 sqft more living space and +$8,617 for being newer. Net adjustment: +$16,408.
Adjusted +$9,522 for 44 sqft more living space and +$4,309 for being newer. Net adjustment: +$13,831.
Adjusted -$4,761 for 22 sqft less living space and +$4,309 for being newer. Net adjustment: -$452.
Adjusted -$62,758 for 290 sqft less living space and +$4,309 for being newer. Net adjustment: -$58,449.
Adjusted +$8,656 for 40 sqft more living space and +$4,309 for being newer. Net adjustment: +$12,965.
The Neighborhood
This home is valued 15.2% 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
above averageThis home is +15.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,757 across all districts. With a homestead exemption claimed, that drops to $11,117 — saving $1,640 per year. That's $926 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% | $5,686 |
| Leander | City | 0.4173% | $2,183 |
| Palmera Ridge MUD | MUD | 0.4000% | $2,093 |
| Williamson County | County | 0.3694% | $1,933 |
| Austin Community College | special | 0.1034% | $541 |
| Williamson County FM/Rd | County | 0.0443% | $232 |
| Upper Brushy Creek WCID | Water | 0.0170% | $89 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $12,757 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $497,174 would pay approximately $3,103 per month (principal and interest only, excluding taxes and insurance).