1301 MUSTANG BROOK LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $338,962 and $512,453, with a best estimate of $401,890. 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
$401,890
$469,604
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 $338,962 and $512,453. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$16,284 for 80 sqft less living space and -$1,970 for being older. Net adjustment: -$18,254.
Adjusted -$54,957 for 270 sqft less living space and -$1,970 for being older. Net adjustment: -$56,927.
Adjusted +$814 for 4 sqft more living space. Net adjustment: +$814.
Adjusted -$6,106 for 30 sqft less living space and -$985 for being older. Net adjustment: -$7,091.
Adjusted -$10,381 for 51 sqft less living space. Net adjustment: -$10,381.
The Neighborhood
This home is valued 9.1% above the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353. With 299 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.4% over the past year.
L108416C - OAK CREEK MERITAGE/CASTLE ROCK
typicalThis home is +9.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,572 across all districts. With a homestead exemption claimed, that drops to $7,943 — saving $1,629 per year. That's $662 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% | $5,104 |
| Leander | City | 0.4173% | $1,960 |
| Williamson County | County | 0.3694% | $1,735 |
| Austin Community College | special | 0.1034% | $486 |
| Williamson County FM/Rd | County | 0.0443% | $208 |
| Upper Brushy Creek WCID | Water | 0.0170% | $80 |
| 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% | $9,572 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $401,890 would pay approximately $2,509 per month (principal and interest only, excluding taxes and insurance).