1304 MUSTANG BROOK LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $349,343 and $522,834, with a best estimate of $465,972. That places the property above 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
$465,972
$412,271
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 $349,343 and $522,834. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$5,903 for 29 sqft less living space and -$1,970 for being older. Net adjustment: -$7,873.
Adjusted -$44,576 for 219 sqft less living space and -$1,970 for being older. Net adjustment: -$46,546.
Adjusted +$11,195 for 55 sqft more living space. Net adjustment: +$11,195.
Adjusted +$4,274 for 21 sqft more living space and -$985 for being older. Net adjustment: +$3,289.
Adjusted +$62,285 for 306 sqft more living space and -$1,970 for being older. Net adjustment: +$60,315.
The Neighborhood
This home is valued 4.2% below the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
L108416C - OAK CREEK MERITAGE/CASTLE ROCK
typicalThis home is -4.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,404 across all districts. With a homestead exemption claimed, that drops to $6,785 — saving $1,619 per year. That's $565 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% | $4,481 |
| Leander | City | 0.4173% | $1,720 |
| Williamson County | County | 0.3694% | $1,523 |
| Austin Community College | special | 0.1034% | $426 |
| Williamson County FM/Rd | County | 0.0443% | $183 |
| Upper Brushy Creek WCID | Water | 0.0170% | $70 |
| 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% | $8,404 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $465,972 would pay approximately $2,909 per month (principal and interest only, excluding taxes and insurance).