540 MERLIN LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $325,196 and $642,336, with a best estimate of $400,875. 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
$400,875
$472,601
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 $325,196 and $642,336. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$168,412 for 610 sqft more living space and +$11,980 for being newer. Net adjustment: +$180,392.
Adjusted -$50,524 for 183 sqft less living space and +$11,980 for being newer. Net adjustment: -$38,544.
Adjusted -$81,997 for 297 sqft less living space and +$11,980 for being newer. Net adjustment: -$70,017.
Adjusted +$44,726 for 162 sqft more living space and +$11,980 for being newer. Net adjustment: +$56,706.
Adjusted +$15,461 for 56 sqft more living space. Net adjustment: +$15,461.
The Neighborhood
This home is valued 20.7% 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
above averageThis home is +20.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,950 across all districts. With a homestead exemption claimed, that drops to $10,341 — saving $1,609 per year. That's $862 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% | $5,137 |
| Williamson County MUD #32 | MUD | 0.8500% | $4,017 |
| Williamson County | County | 0.3694% | $1,746 |
| Austin Community College | special | 0.1034% | $489 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $352 |
| Williamson County FM/Rd | County | 0.0443% | $209 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.5286% | $11,950 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $400,875 would pay approximately $2,502 per month (principal and interest only, excluding taxes and insurance).