848 MEDITERRANEAN DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $449,782 and $629,925, with a best estimate of $497,755. That places the property below the L231518B - MARBELLA median of $646,656, in a neighborhood that declined 3.0% over the past year.
Estimated Value Range
$497,755
$518,339
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L231518B - MARBELLA. The estimated range of $449,782 and $629,925 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$130,834 for 473 sqft less living space. Net adjustment: -$130,834.
Adjusted +$44,810 for 162 sqft more living space and +$26,819 for being newer. Net adjustment: +$71,629.
Adjusted -$41,491 for 150 sqft less living space and +$26,819 for being newer. Net adjustment: -$14,672.
Adjusted +$73,300 for 265 sqft more living space and +$35,759 for being newer. Net adjustment: +$109,059.
Adjusted -$30,980 for 112 sqft less living space and +$178,794 for being newer. Net adjustment: +$147,814.
The Neighborhood
This home is valued 19.8% below the L231518B - MARBELLA median of $646,656. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.0% over the past year.
L231518B - MARBELLA
below averageThis home is -19.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,566 across all districts. With a homestead exemption claimed, that drops to $8,927 — saving $1,639 per year. That's $744 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% | $5,634 |
| Leander | City | 0.4173% | $2,163 |
| Williamson County | County | 0.3694% | $1,915 |
| Austin Community College | special | 0.1034% | $536 |
| Williamson County FM/Rd | County | 0.0443% | $230 |
| Upper Brushy Creek WCID | Water | 0.0170% | $88 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $10,566 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $497,755 would pay approximately $3,107 per month (principal and interest only, excluding taxes and insurance).