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721 MELDA ST, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed3 bath1,057 sqftBuilt 2016

Property at a Glance

This home is estimated between $230,044 and $456,756, with a best estimate of $416,450. That places the property above the L231416D - STEWART CROSSING median of $399,434, in a neighborhood that declined 7.9% over the past year.

Estimated Value Range

$230,044 $456,756
Best Estimate
$416,450
WCAD Value
$414,998
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in L231416D - STEWART CROSSING. The estimated range of $230,044 and $456,756 should be treated as a rough guide.

Comparable Properties (5)

4 bed 3 bath 1,257 sqft Built 2001
Raw Value $418,136
Adjusted Value $309,371

Adjusted -$41,512 for 200 sqft less living space and -$67,253 for being older. Net adjustment: -$108,765.

4 bed 3 bath 1,559 sqft Built 2017
Raw Value $516,161
Adjusted Value $416,450

Adjusted -$104,195 for 502 sqft less living space and +$4,484 for being newer. Net adjustment: -$99,711.

3 bed 2 bath 1,071 sqft Built 2008
Raw Value $268,818
Adjusted Value $230,044

Adjusted -$2,906 for 14 sqft less living space and -$35,868 for being older. Net adjustment: -$38,774.

3 bed 2 bath 1,236 sqft Built 2008
Raw Value $529,777
Adjusted Value $456,756

Adjusted -$37,153 for 179 sqft less living space and -$35,868 for being older. Net adjustment: -$73,021.

4 bed 3 bath 1,898 sqft Built 2009
Raw Value $623,270
Adjusted Value $417,327

Adjusted -$174,558 for 841 sqft less living space and -$31,385 for being older. Net adjustment: -$205,943.

The Neighborhood

This home is valued 3.9% above the L231416D - STEWART CROSSING median of $399,434. With 225 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.9% over the past year.

L231416D - STEWART CROSSING

typical
225 Properties
$399,434 Median Value
-7.9% YoY Change
1% Have Pool
100% Have Garage
This Home
$414,998
Median
$399,434

This home is +3.9% above the subdivision median.

Tax Analysis

The estimated annual property tax is $8,459 across all districts. With a homestead exemption claimed, that drops to $6,840 — saving $1,619 per year. That's $570 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$4,511
LeanderCity0.4173%$1,732
Williamson CountyCounty0.3694%$1,533
Austin Community Collegespecial0.1034%$429
Williamson County FM/RdCounty0.0443%$184
Upper Brushy Creek WCIDWater0.0170%$71
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$8,459

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $416,450 would pay approximately $2,599 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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