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140 SHEARWATER LN, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath1,044 sqftBuilt 2018

Property at a Glance

This home is estimated between $174,281 and $409,367, with a best estimate of $220,812. 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

$174,281 $409,367
Best Estimate
$220,812
WCAD Value
$401,003
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 $174,281 and $409,367. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

144 SHEARWATER LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 950 sqft Built 2018
Raw Value $383,415
Adjusted Value $409,367

Adjusted +$25,952 for 94 sqft more living space. Net adjustment: +$25,952.

136 SHEARWATER LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,612 sqft Built 2018
Raw Value $339,094
Adjusted Value $182,277

Adjusted -$156,817 for 568 sqft less living space. Net adjustment: -$156,817.

132 SHEARWATER LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 930 sqft Built 2018
Raw Value $376,728
Adjusted Value $408,202

Adjusted +$31,474 for 114 sqft more living space. Net adjustment: +$31,474.

148 SHEARWATER LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,575 sqft Built 2018
Raw Value $320,882
Adjusted Value $174,281

Adjusted -$146,601 for 531 sqft less living space. Net adjustment: -$146,601.

128 SHEARWATER LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,365 sqft Built 2018
Raw Value $309,435
Adjusted Value $220,812

Adjusted -$88,623 for 321 sqft less living space. Net adjustment: -$88,623.

The Neighborhood

This home is valued 2.4% 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

typical
1,660 Properties
$391,558 Median Value
-1.7% YoY Change
0% Have Pool
100% Have Garage
This Home
$401,003
Median
$391,558

This home is +2.4% above the subdivision median.

Tax Analysis

The estimated annual property tax is $10,140 across all districts. With a homestead exemption claimed, that drops to $8,544 — saving $1,596 per year. That's $712 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%$4,359
Williamson County MUD #32MUD0.8500%$3,409
Williamson CountyCounty0.3694%$1,481
Austin Community Collegespecial0.1034%$415
Williamson County ESD #4 - Liberty HillESD0.0745%$299
Williamson County FM/RdCounty0.0443%$178
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.5286%$10,140

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $220,812 would pay approximately $1,378 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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