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2408 CARRETERA DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed3 bath1,748 sqftBuilt 2016

Property at a Glance

This home is estimated between $324,553 and $621,218, with a best estimate of $420,539. 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

$324,553 $621,218
Best Estimate
$420,539
WCAD Value
$624,726
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in L133515C - PALMER RIDGE. The estimated range of $324,553 and $621,218 should be treated as a rough guide.

Comparable Properties (5)

4 bed 2 bath 1,937 sqft Built 2015
Raw Value $520,866
Adjusted Value $469,585

Adjusted -$46,243 for 189 sqft less living space and -$5,038 for being older. Net adjustment: -$51,281.

4 bed 2 bath 1,787 sqft Built 2025
Raw Value $384,741
Adjusted Value $420,539

Adjusted -$9,542 for 39 sqft less living space and +$45,340 for being newer. Net adjustment: +$35,798.

4 bed 2 bath 1,708 sqft Built 2005
Raw Value $407,587
Adjusted Value $361,958

Adjusted +$9,787 for 40 sqft more living space and -$55,416 for being older. Net adjustment: -$45,629.

4 bed 2 bath 1,380 sqft Built 2016
Raw Value $531,178
Adjusted Value $621,218

Adjusted +$90,040 for 368 sqft more living space. Net adjustment: +$90,040.

3 bed 2 bath 2,040 sqft Built 2016
Raw Value $395,998
Adjusted Value $324,553

Adjusted -$71,445 for 292 sqft less living space. Net adjustment: -$71,445.

The Neighborhood

This home is valued 2.5% above the L133515C - PALMER RIDGE median of $609,561. With 631 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.8% over the past year.

L133515C - PALMER RIDGE

typical
631 Properties
$609,561 Median Value
-7.8% YoY Change
0% Have Pool
100% Have Garage
This Home
$624,726
Median
$609,561

This home is +2.5% above the subdivision median.

Tax Analysis

The estimated annual property tax is $15,233 across all districts. With a homestead exemption claimed, that drops to $13,570 — saving $1,663 per year. That's $1,131 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$6,790
LeanderCity0.4173%$2,607
Palmera Ridge MUDMUD0.4000%$2,499
Williamson CountyCounty0.3694%$2,308
Austin Community Collegespecial0.1034%$646
Williamson County FM/RdCounty0.0443%$277
Upper Brushy Creek WCIDWater0.0170%$106
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.4384%$15,233

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $420,539 would pay approximately $2,625 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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