509 PALMILLA ST, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $322,368 and $521,577, with a best estimate of $351,674. That places the property below the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$351,674
$350,742
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $322,368 and $521,577. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$985 for being older. Net adjustment: -$985.
Adjusted -$62,692 for 308 sqft less living space and -$985 for being older. Net adjustment: -$63,677.
Adjusted -$93,020 for 457 sqft less living space. Net adjustment: -$93,020.
Adjusted +$49,054 for 241 sqft more living space and -$985 for being older. Net adjustment: +$48,069.
Adjusted +$38,063 for 187 sqft more living space and +$7,878 for being newer. Net adjustment: +$45,941.
The Neighborhood
This home is valued 18.5% below the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
L108416C - OAK CREEK MERITAGE/CASTLE ROCK
below averageThis home is -18.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,149 across all districts. With a homestead exemption claimed, that drops to $5,542 — saving $1,607 per year. That's $462 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% | $3,812 |
| Leander | City | 0.4173% | $1,464 |
| Williamson County | County | 0.3694% | $1,296 |
| Austin Community College | special | 0.1034% | $363 |
| Williamson County FM/Rd | County | 0.0443% | $155 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Oak Creek PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,149 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $351,674 would pay approximately $2,195 per month (principal and interest only, excluding taxes and insurance).