532 MERLIN LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $193,892 and $577,677, with a best estimate of $492,836. That places the property above the L109517C - LARKSPUR R4 median of $391,558, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$492,836
$334,515
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L109517C - LARKSPUR R4, this home's estimated market value is between $193,892 and $577,677. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$72,887 for 264 sqft more living space. Net adjustment: +$72,887.
Adjusted +$40,861 for 148 sqft more living space. Net adjustment: +$40,861.
Adjusted +$67,089 for 243 sqft more living space. Net adjustment: +$67,089.
Adjusted +$95,802 for 347 sqft more living space. Net adjustment: +$95,802.
Adjusted -$199,334 for 722 sqft less living space and -$11,980 for being older. Net adjustment: -$211,314.
The Neighborhood
This home is valued 14.6% below the L109517C - LARKSPUR R4 median of $391,558. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.7% over the past year.
L109517C - LARKSPUR R4
typicalThis home is -14.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,458 across all districts. With a homestead exemption claimed, that drops to $6,875 — saving $1,583 per year. That's $573 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% | $3,636 |
| Williamson County MUD #32 | MUD | 0.8500% | $2,843 |
| Williamson County | County | 0.3694% | $1,236 |
| Austin Community College | special | 0.1034% | $346 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $249 |
| Williamson County FM/Rd | County | 0.0443% | $148 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.5286% | $8,458 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $492,836 would pay approximately $3,076 per month (principal and interest only, excluding taxes and insurance).