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844 MEDITERRANEAN DR, LEANDER, TX 78641

LEANDER, 78641 — williamson County

5 bed4 bath1,625 sqftBuilt 2020

Property at a Glance

This home is estimated between $295,232 and $634,705, with a best estimate of $479,264. 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

$295,232 $634,705
Best Estimate
$479,264
WCAD Value
$592,690
Low Confidence

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 $295,232 and $634,705 should be treated as a rough guide.

Comparable Properties (5)

4 bed 3 bath 1,748 sqft Built 2016
Raw Value $624,726
Adjusted Value $626,463

Adjusted -$34,022 for 123 sqft less living space and +$35,759 for being newer. Net adjustment: +$1,737.

4 bed 2 bath 1,787 sqft Built 2025
Raw Value $384,741
Adjusted Value $295,232

Adjusted -$44,810 for 162 sqft less living space and -$44,699 for being older. Net adjustment: -$89,509.

4 bed 2 bath 1,380 sqft Built 2016
Raw Value $531,178
Adjusted Value $634,705

Adjusted +$67,768 for 245 sqft more living space and +$35,759 for being newer. Net adjustment: +$103,527.

840 MEDITERRANEAN DR, LEANDER, TX 78641
0.00 mi 87% similar Same subdivision
3 bed 2 bath 2,675 sqft Built 2019
Raw Value $628,589
Adjusted Value $347,094

Adjusted -$290,435 for 1,050 sqft less living space and +$8,940 for being newer. Net adjustment: -$281,495.

4 bed 2 bath 1,937 sqft Built 2015
Raw Value $520,866
Adjusted Value $479,264

Adjusted -$86,301 for 312 sqft less living space and +$44,699 for being newer. Net adjustment: -$41,602.

The Neighborhood

This home is valued 8.3% 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

typical
211 Properties
$646,656 Median Value
-3.0% YoY Change
1% Have Pool
100% Have Garage
This Home
$592,690
Median
$646,656

This home is -8.3% below the subdivision median.

Tax Analysis

The estimated annual property tax is $12,081 across all districts. With a homestead exemption claimed, that drops to $10,425 — saving $1,656 per year. That's $869 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%$6,442
LeanderCity0.4173%$2,473
Williamson CountyCounty0.3694%$2,190
Austin Community Collegespecial0.1034%$613
Williamson County FM/RdCounty0.0443%$263
Upper Brushy Creek WCIDWater0.0170%$101
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$12,081

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $479,264 would pay approximately $2,992 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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