1037 PECAN BAYOU DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $311,956 and $538,312, with a best estimate of $532,135. That places the property above the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$532,135
$352,659
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L108416C - OAK CREEK MERITAGE/CASTLE ROCK, this home's estimated market value is between $311,956 and $538,312. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$985 for being newer. Net adjustment: +$985.
Adjusted +$53,939 for 265 sqft more living space and +$985 for being newer. Net adjustment: +$54,924.
Adjusted -$46,205 for 227 sqft less living space. Net adjustment: -$46,205.
Adjusted -$93,020 for 457 sqft less living space and +$985 for being newer. Net adjustment: -$92,035.
Adjusted +$53,939 for 265 sqft more living space and +$985 for being newer. Net adjustment: +$54,924.
The Neighborhood
This home is valued 18.1% below the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
L108416C - OAK CREEK MERITAGE/CASTLE ROCK
below averageThis home is -18.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,188 across all districts. With a homestead exemption claimed, that drops to $5,581 — saving $1,607 per year. That's $465 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% | $3,833 |
| Leander | City | 0.4173% | $1,472 |
| Williamson County | County | 0.3694% | $1,303 |
| Austin Community College | special | 0.1034% | $365 |
| Williamson County FM/Rd | County | 0.0443% | $156 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Oak Creek PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,188 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $532,135 would pay approximately $3,322 per month (principal and interest only, excluding taxes and insurance).