509 MIDDLE BROOK DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $335,686 and $566,400, with a best estimate of $396,704. 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
$396,704
$370,306
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 $335,686 and $566,400. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$39,081 for 192 sqft less living space. Net adjustment: -$39,081.
Adjusted +$30,328 for 149 sqft more living space. Net adjustment: +$30,328.
Adjusted +$24,832 for 122 sqft more living space. Net adjustment: +$24,832.
Adjusted -$62,692 for 308 sqft less living space and +$985 for being newer. Net adjustment: -$61,707.
Adjusted +$49,461 for 243 sqft more living space. Net adjustment: +$49,461.
The Neighborhood
This home is valued 14.0% 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 -14.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,548 across all districts. With a homestead exemption claimed, that drops to $5,937 — saving $1,611 per year. That's $495 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% | $4,025 |
| Leander | City | 0.4173% | $1,545 |
| Williamson County | County | 0.3694% | $1,368 |
| Austin Community College | special | 0.1034% | $383 |
| Williamson County FM/Rd | County | 0.0443% | $164 |
| Upper Brushy Creek WCID | Water | 0.0170% | $63 |
| 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% | $7,548 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $396,704 would pay approximately $2,476 per month (principal and interest only, excluding taxes and insurance).