501 MERLIN LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $260,754 and $450,193, with a best estimate of $289,046. That places the property below the L109517C - LARKSPUR R4 median of $391,558, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$289,046
$422,442
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 $260,754 and $450,193. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$100,771 for 365 sqft less living space and -$11,980 for being older. Net adjustment: -$112,751.
Adjusted -$46,935 for 170 sqft less living space. Net adjustment: -$46,935.
Adjusted -$54,665 for 198 sqft less living space. Net adjustment: -$54,665.
Adjusted -$180,560 for 654 sqft less living space and -$11,980 for being older. Net adjustment: -$192,540.
Adjusted -$12,424 for 45 sqft less living space. Net adjustment: -$12,424.
The Neighborhood
This home is valued 7.9% 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 +7.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,682 across all districts. With a homestead exemption claimed, that drops to $9,082 — saving $1,600 per year. That's $757 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% | $4,592 |
| Williamson County MUD #32 | MUD | 0.8500% | $3,591 |
| Williamson County | County | 0.3694% | $1,561 |
| Austin Community College | special | 0.1034% | $437 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $315 |
| Williamson County FM/Rd | County | 0.0443% | $187 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.5286% | $10,682 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $289,046 would pay approximately $1,804 per month (principal and interest only, excluding taxes and insurance).