516 MISTFLOWER SPRINGS DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $247,135 and $299,810, with a best estimate of $264,106. That places the property below 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
$264,106
$425,362
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 $247,135 and $299,810. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$99,737 for 490 sqft less living space. Net adjustment: -$99,737.
Adjusted -$149,605 for 735 sqft less living space and -$1,970 for being older. Net adjustment: -$151,575.
Adjusted -$94,445 for 464 sqft less living space. Net adjustment: -$94,445.
Adjusted -$88,746 for 436 sqft less living space and -$985 for being older. Net adjustment: -$89,731.
Adjusted -$110,118 for 541 sqft less living space and -$985 for being older. Net adjustment: -$111,103.
The Neighborhood
This home is valued 1.2% 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
typicalThis home is -1.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,670 across all districts. With a homestead exemption claimed, that drops to $7,049 — saving $1,621 per year. That's $587 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% | $4,623 |
| Leander | City | 0.4173% | $1,775 |
| Williamson County | County | 0.3694% | $1,571 |
| Austin Community College | special | 0.1034% | $440 |
| Williamson County FM/Rd | County | 0.0443% | $189 |
| Upper Brushy Creek WCID | Water | 0.0170% | $72 |
| 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% | $8,670 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $264,106 would pay approximately $1,649 per month (principal and interest only, excluding taxes and insurance).