1504 LILLY GRACE BND, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $214,392 and $445,222, with a best estimate of $300,820. 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
$300,820
$48,166
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $214,392 and $445,222. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$211,888 for 866 sqft less living space and -$5,038 for being older and -$60,193 for no garage. Net adjustment: -$277,119.
Adjusted -$274,525 for 1,122 sqft less living space and -$5,038 for being older and -$60,193 for no garage. Net adjustment: -$339,756.
Adjusted -$408,362 for 1,669 sqft less living space and -$5,038 for being older and -$60,193 for no garage. Net adjustment: -$473,593.
Adjusted -$342,299 for 1,399 sqft less living space and +$5,038 for being newer and -$60,193 for no garage. Net adjustment: -$397,454.
Adjusted -$384,628 for 1,572 sqft less living space and +$5,038 for being newer and -$60,193 for no garage. Net adjustment: -$439,783.
The Neighborhood
This home is valued 92.1% 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
outlier lowThis home is -92.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,166 across all districts. With a homestead exemption claimed, that drops to $603 — saving $563 per year. That's $50 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% | $524 |
| Leander | City | 0.4173% | $201 |
| Palmera Ridge MUD | MUD | 0.4000% | $193 |
| Williamson County | County | 0.3694% | $178 |
| Austin Community College | special | 0.1034% | $50 |
| Williamson County FM/Rd | County | 0.0443% | $21 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4214% | $1,166 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $300,820 would pay approximately $1,878 per month (principal and interest only, excluding taxes and insurance).