1912 RED PARROT TER, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $308,934 and $539,227, with a best estimate of $361,512. 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
$361,512
$598,086
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L133515C - PALMER RIDGE, this home's estimated market value is between $308,934 and $539,227. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$324,438 for 1,326 sqft less living space. Net adjustment: -$324,438.
Adjusted -$181,548 for 742 sqft less living space. Net adjustment: -$181,548.
Adjusted -$105,944 for 433 sqft less living space. Net adjustment: -$105,944.
Adjusted -$149,741 for 612 sqft less living space. Net adjustment: -$149,741.
Adjusted -$224,856 for 919 sqft less living space. Net adjustment: -$224,856.
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 $14,482 across all districts. With a homestead exemption claimed, that drops to $12,825 — 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% | $2,392 |
| 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% | $14,482 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $361,512 would pay approximately $2,257 per month (principal and interest only, excluding taxes and insurance).