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2440 MERTON DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath2,033 sqftBuilt 2017

Property at a Glance

This home is estimated between $388,721 and $544,430, with a best estimate of $474,826. That places the property below the L462612D - HAZELWOOD/SCOTTDALE median of $492,920, in a neighborhood that declined 1.6% over the past year.

Estimated Value Range

$388,721 $544,430
Best Estimate
$474,826
WCAD Value
$438,502
Low Confidence

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

There are 5 comparable properties within range, but few are in L462612D - HAZELWOOD/SCOTTDALE. The estimated range of $388,721 and $544,430 should be treated as a rough guide.

Comparable Properties (5)

1632 UHLAND DR, LEANDER, TX 78641
0.00 mi 100% similar
3 bed 2 bath 2,040 sqft Built 2016
Raw Value $395,998
Adjusted Value $394,665

Adjusted -$1,669 for 7 sqft less living space and +$336 for being newer. Net adjustment: -$1,333.

2916 RIO VERDE DR, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
4 bed 2 bath 1,937 sqft Built 2015
Raw Value $520,866
Adjusted Value $544,430

Adjusted +$22,892 for 96 sqft more living space and +$672 for being newer. Net adjustment: +$23,564.

917 ISAIAS DR, LEANDER, TX 78641
0.00 mi 100% similar
3 bed 2 bath 2,352 sqft Built 2016
Raw Value $464,454
Adjusted Value $388,721

Adjusted -$76,069 for 319 sqft less living space and +$336 for being newer. Net adjustment: -$75,733.

3 bed 2 bath 2,675 sqft Built 2019
Raw Value $628,589
Adjusted Value $474,826

Adjusted -$153,091 for 642 sqft less living space and -$672 for being older. Net adjustment: -$153,763.

4 bed 2 bath 2,059 sqft Built 2002
Raw Value $529,653
Adjusted Value $528,493

Adjusted -$6,200 for 26 sqft less living space and +$5,040 for being newer. Net adjustment: -$1,160.

The Neighborhood

This home is valued 11.0% below the L462612D - HAZELWOOD/SCOTTDALE median of $492,920. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.6% over the past year.

L462612D - HAZELWOOD/SCOTTDALE

typical
429 Properties
$492,920 Median Value
-1.6% YoY Change
1% Have Pool
100% Have Garage
This Home
$438,502
Median
$492,920

This home is -11.0% below the subdivision median.

Tax Analysis

The estimated annual property tax is $8,938 across all districts. With a homestead exemption claimed, that drops to $7,315 — saving $1,623 per year. That's $610 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%$4,766
LeanderCity0.4173%$1,830
Williamson CountyCounty0.3694%$1,620
Austin Community Collegespecial0.1034%$453
Williamson County FM/RdCounty0.0443%$194
Upper Brushy Creek WCIDWater0.0170%$75
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$8,938

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $474,826 would pay approximately $2,964 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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