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837 MEDITERRANEAN DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed3 bath1,744 sqftBuilt 2018

Property at a Glance

This home is estimated between $310,269 and $641,499, with a best estimate of $494,300. That places the property below the L231518B - MARBELLA median of $646,656, in a neighborhood that declined 3.0% over the past year.

Estimated Value Range

$310,269 $641,499
Best Estimate
$494,300
WCAD Value
$592,337
Low Confidence

Based on 5 comparable properties(1 in the same subdivision)

There are 5 comparable properties within range, but few are in L231518B - MARBELLA. The estimated range of $310,269 and $641,499 should be treated as a rough guide.

Comparable Properties (5)

4 bed 3 bath 1,748 sqft Built 2016
Raw Value $624,726
Adjusted Value $641,499

Adjusted -$1,106 for 4 sqft less living space and +$17,879 for being newer. Net adjustment: +$16,773.

4 bed 2 bath 1,787 sqft Built 2025
Raw Value $384,741
Adjusted Value $310,269

Adjusted -$11,894 for 43 sqft less living space and -$62,578 for being older. Net adjustment: -$74,472.

4 bed 2 bath 1,937 sqft Built 2015
Raw Value $520,866
Adjusted Value $494,300

Adjusted -$53,385 for 193 sqft less living space and +$26,819 for being newer. Net adjustment: -$26,566.

4 bed 2 bath 1,708 sqft Built 2005
Raw Value $407,587
Adjusted Value $533,761

Adjusted +$9,958 for 36 sqft more living space and +$116,216 for being newer. Net adjustment: +$126,174.

840 MEDITERRANEAN DR, LEANDER, TX 78641
0.00 mi 94% similar Same subdivision
3 bed 2 bath 2,675 sqft Built 2019
Raw Value $628,589
Adjusted Value $362,130

Adjusted -$257,519 for 931 sqft less living space and -$8,940 for being older. Net adjustment: -$266,459.

The Neighborhood

This home is valued 8.4% below the L231518B - MARBELLA median of $646,656. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.0% over the past year.

L231518B - MARBELLA

typical
211 Properties
$646,656 Median Value
-3.0% YoY Change
1% Have Pool
100% Have Garage
This Home
$592,337
Median
$646,656

This home is -8.4% below the subdivision median.

Tax Analysis

The estimated annual property tax is $12,074 across all districts. With a homestead exemption claimed, that drops to $10,418 — saving $1,656 per year. That's $868 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$6,438
LeanderCity0.4173%$2,472
Williamson CountyCounty0.3694%$2,188
Austin Community Collegespecial0.1034%$612
Williamson County FM/RdCounty0.0443%$263
Upper Brushy Creek WCIDWater0.0170%$101
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$12,074

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $494,300 would pay approximately $3,085 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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