505 MIDDLE BROOK DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $374,767 and $562,571, with a best estimate of $435,785. That places the property above the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$435,785
$393,440
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L108416C - OAK CREEK MERITAGE/CASTLE ROCK, this home's estimated market value is between $374,767 and $562,571. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$39,081 for 192 sqft more living space. Net adjustment: +$39,081.
Adjusted +$69,409 for 341 sqft more living space. Net adjustment: +$69,409.
Adjusted +$88,542 for 435 sqft more living space. Net adjustment: +$88,542.
Adjusted +$29,107 for 143 sqft more living space. Net adjustment: +$29,107.
Adjusted -$23,611 for 116 sqft less living space and +$985 for being newer. Net adjustment: -$22,626.
The Neighborhood
This home is valued 8.6% below the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
L108416C - OAK CREEK MERITAGE/CASTLE ROCK
typicalThis home is -8.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,020 across all districts. With a homestead exemption claimed, that drops to $6,405 — saving $1,615 per year. That's $534 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% | $4,276 |
| Leander | City | 0.4173% | $1,642 |
| Williamson County | County | 0.3694% | $1,454 |
| Austin Community College | special | 0.1034% | $407 |
| Williamson County FM/Rd | County | 0.0443% | $174 |
| Upper Brushy Creek WCID | Water | 0.0170% | $67 |
| Oak Creek PID | pid | 0.0000% | $0 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,020 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $435,785 would pay approximately $2,720 per month (principal and interest only, excluding taxes and insurance).