405 MIDDLE BROOK DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $327,627 and $551,398, with a best estimate of $523,290. 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
$523,290
$475,669
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 $327,627 and $551,398. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$75,108 for 369 sqft less living space and -$2,954 for being older. Net adjustment: -$78,062.
Adjusted -$77,144 for 379 sqft less living space. Net adjustment: -$77,144.
Adjusted +$4,478 for 22 sqft more living space and -$2,954 for being older. Net adjustment: +$1,524.
Adjusted +$61,063 for 300 sqft more living space and -$2,954 for being older. Net adjustment: +$58,109.
Adjusted -$19,540 for 96 sqft less living space and -$985 for being older. Net adjustment: -$20,525.
The Neighborhood
This home is valued 10.5% above the L108416C - OAK CREEK MERITAGE/CASTLE ROCK median of $430,353. With 299 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.4% over the past year.
L108416C - OAK CREEK MERITAGE/CASTLE ROCK
typicalThis home is +10.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,696 across all districts. With a homestead exemption claimed, that drops to $8,065 — saving $1,631 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% | $5,170 |
| Leander | City | 0.4173% | $1,985 |
| Williamson County | County | 0.3694% | $1,757 |
| Austin Community College | special | 0.1034% | $492 |
| Williamson County FM/Rd | County | 0.0443% | $211 |
| Upper Brushy Creek WCID | Water | 0.0170% | $81 |
| 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% | $9,696 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $523,290 would pay approximately $3,266 per month (principal and interest only, excluding taxes and insurance).