116 SHEARWATER LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $165,318 and $354,319, with a best estimate of $352,709. That places the property below the L109517C - LARKSPUR R4 median of $391,558, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$352,709
$386,154
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 $165,318 and $354,319. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$32,302 for 117 sqft less living space. Net adjustment: -$32,302.
Adjusted -$27,885 for 101 sqft less living space. Net adjustment: -$27,885.
Adjusted -$144,117 for 522 sqft less living space. Net adjustment: -$144,117.
Adjusted -$24,019 for 87 sqft less living space. Net adjustment: -$24,019.
Adjusted -$49,971 for 181 sqft less living space. Net adjustment: -$49,971.
The Neighborhood
This home is valued 1.4% 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 -1.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,764 across all districts. With a homestead exemption claimed, that drops to $8,171 — saving $1,593 per year. That's $681 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 |
| Williamson County MUD #32 | MUD | 0.8500% | $3,282 |
| Williamson County | County | 0.3694% | $1,427 |
| Austin Community College | special | 0.1034% | $399 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $288 |
| Williamson County FM/Rd | County | 0.0443% | $171 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.5286% | $9,764 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $352,709 would pay approximately $2,202 per month (principal and interest only, excluding taxes and insurance).