2005 PALMERA RIDGE BLVD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $407,493 and $563,094, with a best estimate of $530,809. 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
$530,809
$472,435
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L133515C - PALMER RIDGE. The estimated range of $407,493 and $563,094 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$53,828 for 220 sqft more living space. Net adjustment: +$53,828.
Adjusted +$16,393 for 67 sqft more living space. Net adjustment: +$16,393.
Adjusted -$27,648 for 113 sqft less living space and -$5,038 for being older. Net adjustment: -$32,686.
Adjusted +$1,713 for 7 sqft more living space and -$5,038 for being older. Net adjustment: -$3,325.
Adjusted -$199,899 for 817 sqft less living space. Net adjustment: -$199,899.
The Neighborhood
This home is valued 22.5% 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 -22.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,520 across all districts. With a homestead exemption claimed, that drops to $9,890 — saving $1,630 per year. That's $824 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% | $5,135 |
| Leander | City | 0.4173% | $1,971 |
| Palmera Ridge MUD | MUD | 0.4000% | $1,890 |
| Williamson County | County | 0.3694% | $1,745 |
| Austin Community College | special | 0.1034% | $488 |
| Williamson County FM/Rd | County | 0.0443% | $209 |
| Upper Brushy Creek WCID | Water | 0.0170% | $80 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $11,520 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $530,809 would pay approximately $3,313 per month (principal and interest only, excluding taxes and insurance).