512 MERLIN LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $270,525 and $479,821, with a best estimate of $420,102. That places the property above the L109517C - LARKSPUR R4 median of $391,558, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$420,102
$381,886
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 $270,525 and $479,821. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$65,432 for 237 sqft more living space. Net adjustment: +$65,432.
Adjusted +$10,215 for 37 sqft more living space and -$11,980 for being older. Net adjustment: -$1,765.
Adjusted -$99,667 for 361 sqft less living space and -$11,980 for being older. Net adjustment: -$111,647.
Adjusted +$136,110 for 493 sqft more living space. Net adjustment: +$136,110.
Adjusted -$134,454 for 487 sqft less living space. Net adjustment: -$134,454.
The Neighborhood
This home is valued 2.5% below the L109517C - LARKSPUR R4 median of $391,558. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.7% over the past year.
L109517C - LARKSPUR R4
typicalThis home is -2.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,656 across all districts. With a homestead exemption claimed, that drops to $8,064 — saving $1,592 per year. That's $672 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% | $4,151 |
| Williamson County MUD #32 | MUD | 0.8500% | $3,246 |
| Williamson County | County | 0.3694% | $1,411 |
| Austin Community College | special | 0.1034% | $395 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $284 |
| Williamson County FM/Rd | County | 0.0443% | $169 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.5286% | $9,656 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $420,102 would pay approximately $2,622 per month (principal and interest only, excluding taxes and insurance).