520 MERLIN LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $434,795 and $565,769, with a best estimate of $531,749. 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
$531,749
$405,206
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 $434,795 and $565,769. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$240,194 for 870 sqft more living space and +$11,980 for being newer. Net adjustment: +$252,174.
Adjusted +$99,667 for 361 sqft more living space and +$11,980 for being newer. Net adjustment: +$111,647.
Adjusted +$165,099 for 598 sqft more living space and +$11,980 for being newer. Net adjustment: +$177,079.
Adjusted +$199,334 for 722 sqft more living space and +$11,980 for being newer. Net adjustment: +$211,314.
Adjusted +$32,302 for 117 sqft more living space and +$11,980 for being newer. Net adjustment: +$44,282.
The Neighborhood
This home is valued 3.5% above the L109517C - LARKSPUR R4 median of $391,558. With 1,660 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.7% over the past year.
L109517C - LARKSPUR R4
typicalThis home is +3.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,246 across all districts. With a homestead exemption claimed, that drops to $8,649 — saving $1,597 per year. That's $721 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% | $4,404 |
| Williamson County MUD #32 | MUD | 0.8500% | $3,444 |
| Williamson County | County | 0.3694% | $1,497 |
| Austin Community College | special | 0.1034% | $419 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $302 |
| Williamson County FM/Rd | County | 0.0443% | $180 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.5286% | $10,246 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $531,749 would pay approximately $3,319 per month (principal and interest only, excluding taxes and insurance).