3404 MERLOT CV, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $420,117 and $505,522, with a best estimate of $480,665. That places the property above the L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal median of $335,878, in a neighborhood that declined 3.4% over the past year.
Estimated Value Range
$480,665
$418,347
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $420,117 and $505,522. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$153,263 for 678 sqft more living space and +$6,394 for being newer. Net adjustment: +$159,657.
Adjusted -$39,107 for 173 sqft less living space and -$2,557 for being older. Net adjustment: -$41,664.
Adjusted -$11,529 for 51 sqft less living space and -$2,557 for being older. Net adjustment: -$14,086.
Adjusted +$149,420 for 661 sqft more living space. Net adjustment: +$149,420.
Adjusted +$173,833 for 769 sqft more living space and +$11,508 for being newer. Net adjustment: +$185,341.
The Neighborhood
This home is valued 24.6% above the L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal median of $335,878. With 1,816 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.4% over the past year.
L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal
above averageThis home is +24.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,062 across all districts. With a homestead exemption claimed, that drops to $7,463 — saving $1,599 per year. That's $622 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% | $4,547 |
| Block House MUD | MUD | 0.5450% | $2,280 |
| Williamson County | County | 0.3694% | $1,546 |
| Austin Community College | special | 0.1034% | $433 |
| Williamson County FM/Rd | County | 0.0443% | $185 |
| Upper Brushy Creek WCID | Water | 0.0170% | $71 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1661% | $9,062 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $480,665 would pay approximately $3,000 per month (principal and interest only, excluding taxes and insurance).