1305 MUSTANG BROOK LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $387,780 and $561,271, with a best estimate of $450,708. 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
$450,708
$386,463
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 $387,780 and $561,271. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$31,549 for 155 sqft more living space and -$985 for being older. Net adjustment: +$30,564.
Adjusted -$7,124 for 35 sqft less living space and -$985 for being older. Net adjustment: -$8,109.
Adjusted +$48,647 for 239 sqft more living space and +$985 for being newer. Net adjustment: +$49,632.
Adjusted +$41,727 for 205 sqft more living space. Net adjustment: +$41,727.
Adjusted +$37,452 for 184 sqft more living space and +$985 for being newer. Net adjustment: +$38,437.
The Neighborhood
This home is valued 10.2% 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 -10.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,877 across all districts. With a homestead exemption claimed, that drops to $6,264 — saving $1,613 per year. That's $522 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% | $4,200 |
| Leander | City | 0.4173% | $1,613 |
| Williamson County | County | 0.3694% | $1,428 |
| Austin Community College | special | 0.1034% | $400 |
| Williamson County FM/Rd | County | 0.0443% | $171 |
| Upper Brushy Creek WCID | Water | 0.0170% | $66 |
| 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% | $7,877 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $450,708 would pay approximately $2,813 per month (principal and interest only, excluding taxes and insurance).