2516 MERTON DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $322,668 and $478,377, with a best estimate of $368,393. That places the property below the L462612D - HAZELWOOD/SCOTTDALE median of $492,920, in a neighborhood that declined 1.6% over the past year.
Estimated Value Range
$368,393
$400,477
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L462612D - HAZELWOOD/SCOTTDALE. The estimated range of $322,668 and $478,377 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$43,161 for 181 sqft less living space and +$672 for being newer. Net adjustment: -$42,489.
Adjusted -$67,723 for 284 sqft less living space and +$336 for being newer. Net adjustment: -$67,387.
Adjusted -$7,392 for 31 sqft less living space and -$2,688 for being older. Net adjustment: -$10,080.
Adjusted +$19,792 for 83 sqft more living space and +$5,375 for being newer. Net adjustment: +$25,167.
Adjusted -$142,122 for 596 sqft less living space and +$336 for being newer. Net adjustment: -$141,786.
The Neighborhood
This home is valued 18.8% below the L462612D - HAZELWOOD/SCOTTDALE median of $492,920. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.6% over the past year.
L462612D - HAZELWOOD/SCOTTDALE
below averageThis home is -18.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,163 across all districts. With a homestead exemption claimed, that drops to $6,547 — saving $1,616 per year. That's $546 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% | $4,353 |
| Leander | City | 0.4173% | $1,671 |
| Williamson County | County | 0.3694% | $1,480 |
| Austin Community College | special | 0.1034% | $414 |
| Williamson County FM/Rd | County | 0.0443% | $178 |
| Upper Brushy Creek WCID | Water | 0.0170% | $68 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,163 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $368,393 would pay approximately $2,299 per month (principal and interest only, excluding taxes and insurance).