3309 ELM RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,142,811 and $1,240,172, with a best estimate of $1,173,747. That places the property below the L132614A - REAGANS OVERLOOK median of $1,249,806, in a neighborhood that declined 7.5% over the past year.
Estimated Value Range
$1,173,747
$1,206,191
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 $1,142,811 and $1,240,172. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$238,074 for 705 sqft less living space. Net adjustment: -$238,074.
Adjusted +$175,601 for 520 sqft more living space and -$12,837 for being older. Net adjustment: +$162,764.
Adjusted -$45,251 for 134 sqft less living space and -$12,837 for being older. Net adjustment: -$58,088.
Adjusted -$141,156 for 418 sqft less living space and +$25,673 for being newer. Net adjustment: -$115,483.
Adjusted -$228,618 for 677 sqft less living space and -$12,837 for being older. Net adjustment: -$241,455.
The Neighborhood
This home is valued 3.5% below the L132614A - REAGANS OVERLOOK median of $1,249,806. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.5% over the past year.
L132614A - REAGANS OVERLOOK
typicalThis home is -3.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $24,381 across all districts. With a homestead exemption claimed, that drops to $22,587 — saving $1,794 per year. That's $1,882 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% | $13,110 |
| Leander | City | 0.4173% | $5,033 |
| Williamson County | County | 0.3694% | $4,456 |
| Austin Community College | special | 0.1034% | $1,247 |
| Williamson County FM/Rd | County | 0.0443% | $535 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0214% | $24,381 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,173,747 would pay approximately $7,326 per month (principal and interest only, excluding taxes and insurance).