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535 MERLIN LN, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath2,137 sqftBuilt 2017

Property at a Glance

This home is estimated between $363,364 and $511,145, with a best estimate of $439,418. That places the property above the L109517C - LARKSPUR R4 median of $391,558, in a neighborhood that declined 1.7% over the past year.

Estimated Value Range

$363,364 $511,145
Best Estimate
$439,418
WCAD Value
$389,936
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 $363,364 and $511,145. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

539 MERLIN LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
4 bed 3 bath 2,251 sqft Built 2017
Raw Value $395,213
Adjusted Value $363,739

Adjusted -$31,474 for 114 sqft less living space. Net adjustment: -$31,474.

531 MERLIN LN, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,792 sqft Built 2017
Raw Value $352,881
Adjusted Value $448,131

Adjusted +$95,250 for 345 sqft more living space. Net adjustment: +$95,250.

527 MERLIN LN, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
2 bed 2 bath 1,898 sqft Built 2018
Raw Value $385,414
Adjusted Value $439,418

Adjusted +$65,984 for 239 sqft more living space and -$11,980 for being older. Net adjustment: +$54,004.

101 ARCHER LN, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
4 bed 3 bath 2,256 sqft Built 2017
Raw Value $396,218
Adjusted Value $363,364

Adjusted -$32,854 for 119 sqft less living space. Net adjustment: -$32,854.

540 MERLIN LN, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
4 bed 3 bath 1,954 sqft Built 2018
Raw Value $472,601
Adjusted Value $511,145

Adjusted +$50,524 for 183 sqft more living space and -$11,980 for being older. Net adjustment: +$38,544.

The Neighborhood

This home is in line with the L109517C - LARKSPUR R4 median of $391,558. 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
$389,936
Median
$391,558

This home is -0.4% below the subdivision median.

Tax Analysis

The estimated annual property tax is $9,860 across all districts. With a homestead exemption claimed, that drops to $8,266 — saving $1,594 per year. That's $689 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%$4,238
Williamson County MUD #32MUD0.8500%$3,314
Williamson CountyCounty0.3694%$1,441
Austin Community Collegespecial0.1034%$403
Williamson County ESD #4 - Liberty HillESD0.0745%$290
Williamson County FM/RdCounty0.0443%$173
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.5286%$9,860

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $439,418 would pay approximately $2,743 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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