1309 MUSTANG BROOK LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $346,053 and $519,545, with a best estimate of $462,683. 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
$462,683
$386,128
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 $346,053 and $519,545. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$10,177 for 50 sqft less living space and -$985 for being older. Net adjustment: -$11,162.
Adjusted -$48,851 for 240 sqft less living space and -$985 for being older. Net adjustment: -$49,836.
Adjusted +$6,921 for 34 sqft more living space and +$985 for being newer. Net adjustment: +$7,906.
Adjusted -$4,274 for 21 sqft less living space and +$985 for being newer. Net adjustment: -$3,289.
Adjusted +$58,010 for 285 sqft more living space and -$985 for being older. Net adjustment: +$57,025.
The Neighborhood
This home is valued 10.3% 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 -10.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,871 across all districts. With a homestead exemption claimed, that drops to $6,257 — saving $1,614 per year. That's $521 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% | $4,197 |
| Leander | City | 0.4173% | $1,611 |
| Williamson County | County | 0.3694% | $1,427 |
| Austin Community College | special | 0.1034% | $399 |
| Williamson County FM/Rd | County | 0.0443% | $171 |
| Upper Brushy Creek WCID | Water | 0.0170% | $66 |
| 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% | $7,871 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $462,683 would pay approximately $2,888 per month (principal and interest only, excluding taxes and insurance).