2020 PALMERA RIDGE BLVD, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $441,824 and $567,544, with a best estimate of $490,125. That places the property above the L133616C - PALMERA RIDGE MI HOMES median of $454,190, in a neighborhood that declined 6.1% over the past year.
Estimated Value Range
$490,125
$484,619
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L133616C - PALMERA RIDGE MI HOMES, this home's estimated market value is between $441,824 and $567,544. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$68,601 for 317 sqft more living space. Net adjustment: +$68,601.
Adjusted +$21,857 for 101 sqft more living space. Net adjustment: +$21,857.
Adjusted +$2,597 for 12 sqft more living space. Net adjustment: +$2,597.
Adjusted +$8,656 for 40 sqft more living space. Net adjustment: +$8,656.
Adjusted +$93,920 for 434 sqft more living space. Net adjustment: +$93,920.
The Neighborhood
This home is valued 6.7% above the L133616C - PALMERA RIDGE MI HOMES median of $454,190. With 227 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.1% over the past year.
L133616C - PALMERA RIDGE MI HOMES
typicalThis home is +6.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,817 across all districts. With a homestead exemption claimed, that drops to $10,185 — saving $1,632 per year. That's $849 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% | $5,267 |
| Leander | City | 0.4173% | $2,022 |
| Palmera Ridge MUD | MUD | 0.4000% | $1,938 |
| Williamson County | County | 0.3694% | $1,790 |
| Austin Community College | special | 0.1034% | $501 |
| Williamson County FM/Rd | County | 0.0443% | $215 |
| Upper Brushy Creek WCID | Water | 0.0170% | $82 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4384% | $11,817 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $490,125 would pay approximately $3,059 per month (principal and interest only, excluding taxes and insurance).