521 MERLIN LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $255,831 and $498,992, with a best estimate of $386,369. 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
$386,369
$462,617
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 $255,831 and $498,992. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$88,347 for 320 sqft less living space and -$11,980 for being older. Net adjustment: -$100,327.
Adjusted -$37,824 for 137 sqft less living space. Net adjustment: -$37,824.
Adjusted +$12,424 for 45 sqft more living space. Net adjustment: +$12,424.
Adjusted -$11,596 for 42 sqft less living space. Net adjustment: -$11,596.
Adjusted -$78,684 for 285 sqft less living space. Net adjustment: -$78,684.
The Neighborhood
This home is valued 18.1% 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 averageThis home is +18.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,698 across all districts. With a homestead exemption claimed, that drops to $10,090 — saving $1,608 per year. That's $841 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% | $5,028 |
| Williamson County MUD #32 | MUD | 0.8500% | $3,932 |
| Williamson County | County | 0.3694% | $1,709 |
| Austin Community College | special | 0.1034% | $478 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $345 |
| Williamson County FM/Rd | County | 0.0443% | $205 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.5286% | $11,698 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $386,369 would pay approximately $2,412 per month (principal and interest only, excluding taxes and insurance).