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524 MERLIN LN, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed2 bath1,365 sqftBuilt 2017

Property at a Glance

This home is estimated between $215,130 and $467,742, with a best estimate of $287,367. That places the property below the L109517C - LARKSPUR R4 median of $391,558, in a neighborhood that declined 1.7% over the past year.

Estimated Value Range

$215,130 $467,742
Best Estimate
$287,367
WCAD Value
$510,588
High Confidence

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 $215,130 and $467,742. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

528 MERLIN LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,460 sqft Built 2017
Raw Value $313,595
Adjusted Value $287,367

Adjusted -$26,228 for 95 sqft less living space. Net adjustment: -$26,228.

532 MERLIN LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,608 sqft Built 2017
Raw Value $334,515
Adjusted Value $267,426

Adjusted -$67,089 for 243 sqft less living space. Net adjustment: -$67,089.

536 MERLIN LN, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
4 bed 3 bath 1,344 sqft Built 2017
Raw Value $461,944
Adjusted Value $467,742

Adjusted +$5,798 for 21 sqft more living space. Net adjustment: +$5,798.

145 PINE ISLAND LN, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,460 sqft Built 2017
Raw Value $313,595
Adjusted Value $287,367

Adjusted -$26,228 for 95 sqft less living space. Net adjustment: -$26,228.

512 MERLIN LN, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,969 sqft Built 2017
Raw Value $381,886
Adjusted Value $215,130

Adjusted -$166,756 for 604 sqft less living space. Net adjustment: -$166,756.

The Neighborhood

This home is valued 30.4% above the L109517C - LARKSPUR R4 median of $391,558. With 1,660 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.7% over the past year.

L109517C - LARKSPUR R4

above average
1,660 Properties
$391,558 Median Value
-1.7% YoY Change
0% Have Pool
100% Have Garage
This Home
$510,588
Median
$391,558

This home is +30.4% above the subdivision median.

Tax Analysis

The estimated annual property tax is $12,911 across all districts. With a homestead exemption claimed, that drops to $11,295 — saving $1,616 per year. That's $941 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%$5,550
Williamson County MUD #32MUD0.8500%$4,340
Williamson CountyCounty0.3694%$1,886
Austin Community Collegespecial0.1034%$528
Williamson County ESD #4 - Liberty HillESD0.0745%$380
Williamson County FM/RdCounty0.0443%$226
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.5286%$12,911

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $287,367 would pay approximately $1,794 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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