517 SOMERVILLE ST, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $230,799 and $470,600, with a best estimate of $430,227. That places the property above the L109517C - LARKSPUR R4 median of $391,558, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$430,227
$473,542
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L109517C - LARKSPUR R4, this home's estimated market value is between $230,799 and $470,600. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$151,571 for 549 sqft less living space. Net adjustment: -$151,571.
Adjusted -$48,039 for 174 sqft less living space. Net adjustment: -$48,039.
Adjusted -$49,971 for 181 sqft less living space. Net adjustment: -$49,971.
Adjusted -$162,062 for 587 sqft less living space. Net adjustment: -$162,062.
This comparable closely matches the subject property's features.
The Neighborhood
This home is valued 20.9% above the L109517C - LARKSPUR R4 median of $391,558. With 1,660 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.7% over the past year.
L109517C - LARKSPUR R4
above averageThis home is +20.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,974 across all districts. With a homestead exemption claimed, that drops to $10,365 — saving $1,609 per year. That's $864 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% | $5,147 |
| Williamson County MUD #31 | MUD | 0.8500% | $4,025 |
| Williamson County | County | 0.3694% | $1,749 |
| Austin Community College | special | 0.1034% | $490 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $353 |
| Williamson County FM/Rd | County | 0.0443% | $210 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.5286% | $11,974 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $430,227 would pay approximately $2,685 per month (principal and interest only, excluding taxes and insurance).