3400 ELM RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,420,352 and $1,497,161, with a best estimate of $1,436,171. That places the property above the L132614A - REAGANS OVERLOOK median of $1,249,806, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$1,436,171
$1,469,149
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L132614A - REAGANS OVERLOOK, this home's estimated market value is between $1,420,352 and $1,497,161. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$198,901 for 589 sqft more living space. Net adjustment: +$198,901.
Adjusted +$15,534 for 46 sqft more living space. Net adjustment: +$15,534.
Adjusted +$419,753 for 1,243 sqft more living space. Net adjustment: +$419,753.
Adjusted +$244,152 for 723 sqft more living space and +$12,837 for being newer. Net adjustment: +$256,989.
Adjusted +$102,996 for 305 sqft more living space and +$38,510 for being newer. Net adjustment: +$141,506.
The Neighborhood
This home is valued 17.6% above the L132614A - REAGANS OVERLOOK median of $1,249,806. With 195 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.5% over the past year.
L132614A - REAGANS OVERLOOK
above averageThis home is +17.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $29,697 across all districts. With a homestead exemption claimed, that drops to $27,842 — saving $1,855 per year. That's $2,320 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% | $15,968 |
| Leander | City | 0.4173% | $6,130 |
| Williamson County | County | 0.3694% | $5,428 |
| Austin Community College | special | 0.1034% | $1,519 |
| Williamson County FM/Rd | County | 0.0443% | $651 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $29,697 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,436,171 would pay approximately $8,965 per month (principal and interest only, excluding taxes and insurance).