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729 MEDITERRANEAN DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

5 bed4 bath2,822 sqftBuilt 2022

Property at a Glance

This home is estimated between $648,096 and $975,437, with a best estimate of $799,889. That places the property above the L231518B - MARBELLA median of $646,656, in a neighborhood that declined 3.0% over the past year.

Estimated Value Range

$648,096 $975,437
Best Estimate
$799,889
WCAD Value
$792,542
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 $648,096 and $975,437 should be treated as a rough guide.

Comparable Properties (5)

840 MEDITERRANEAN DR, LEANDER, TX 78641
0.00 mi 99% similar Same subdivision
3 bed 2 bath 2,675 sqft Built 2019
Raw Value $628,589
Adjusted Value $696,069

Adjusted +$40,661 for 147 sqft more living space and +$26,819 for being newer. Net adjustment: +$67,480.

5 bed 5 bath 3,313 sqft Built 2024
Raw Value $953,581
Adjusted Value $799,889

Adjusted -$135,813 for 491 sqft less living space and -$17,879 for being older. Net adjustment: -$153,692.

3 bed 2 bath 2,352 sqft Built 2016
Raw Value $464,454
Adjusted Value $648,096

Adjusted +$130,004 for 470 sqft more living space and +$53,638 for being newer. Net adjustment: +$183,642.

4 bed 3 bath 1,748 sqft Built 2016
Raw Value $624,726
Adjusted Value $975,437

Adjusted +$297,073 for 1,074 sqft more living space and +$53,638 for being newer. Net adjustment: +$350,711.

4 bed 2 bath 1,937 sqft Built 2015
Raw Value $520,866
Adjusted Value $828,239

Adjusted +$244,795 for 885 sqft more living space and +$62,578 for being newer. Net adjustment: +$307,373.

The Neighborhood

This home is valued 22.6% above the L231518B - MARBELLA median of $646,656. With 211 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.0% over the past year.

L231518B - MARBELLA

above average
211 Properties
$646,656 Median Value
-3.0% YoY Change
1% Have Pool
100% Have Garage
This Home
$792,542
Median
$646,656

This home is +22.6% above the subdivision median.

Tax Analysis

The estimated annual property tax is $16,155 across all districts. With a homestead exemption claimed, that drops to $14,454 — saving $1,701 per year. That's $1,205 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%$8,614
LeanderCity0.4173%$3,307
Williamson CountyCounty0.3694%$2,928
Austin Community Collegespecial0.1034%$819
Williamson County FM/RdCounty0.0443%$351
Upper Brushy Creek WCIDWater0.0170%$135
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$16,155

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $799,889 would pay approximately $4,993 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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