1316 MUSTANG BROOK LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $329,103 and $462,519, with a best estimate of $405,657. 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
$405,657
$456,946
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 $329,103 and $462,519. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$68,188 for 335 sqft less living space. Net adjustment: -$68,188.
Adjusted -$51,090 for 251 sqft less living space and +$1,970 for being newer. Net adjustment: -$49,120.
Adjusted -$58,010 for 285 sqft less living space and +$985 for being newer. Net adjustment: -$57,025.
Adjusted -$62,285 for 306 sqft less living space and +$1,970 for being newer. Net adjustment: -$60,315.
Adjusted -$55,364 for 272 sqft less living space and +$1,970 for being newer. Net adjustment: -$53,394.
The Neighborhood
This home is valued 6.2% 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 +6.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,314 across all districts. With a homestead exemption claimed, that drops to $7,687 — saving $1,627 per year. That's $641 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% | $4,967 |
| Leander | City | 0.4173% | $1,907 |
| Williamson County | County | 0.3694% | $1,688 |
| Austin Community College | special | 0.1034% | $472 |
| Williamson County FM/Rd | County | 0.0443% | $203 |
| Upper Brushy Creek WCID | Water | 0.0170% | $78 |
| 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% | $9,314 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $405,657 would pay approximately $2,532 per month (principal and interest only, excluding taxes and insurance).