603 RIVERWAY LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $251,949 and $419,405, with a best estimate of $262,140. That places the property below the L101494H - North Creek Sec 1 & 2 median of $310,157, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$262,140
$327,110
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L101494H - North Creek Sec 1 & 2, this home's estimated market value is between $251,949 and $419,405. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$89,076 for 408 sqft less living space. Net adjustment: -$89,076.
Adjusted -$48,905 for 224 sqft less living space. Net adjustment: -$48,905.
Adjusted +$98,464 for 451 sqft more living space. Net adjustment: +$98,464.
Adjusted -$48,905 for 224 sqft less living space. Net adjustment: -$48,905.
Adjusted -$21,832 for 100 sqft less living space and +$12,328 for being newer. Net adjustment: -$9,504.
The Neighborhood
This home is valued 5.5% above the L101494H - North Creek Sec 1 & 2 median of $310,157. With 986 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is +5.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,668 across all districts. With a homestead exemption claimed, that drops to $5,065 — saving $1,603 per year. That's $422 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% | $3,555 |
| Leander | City | 0.4173% | $1,365 |
| Williamson County | County | 0.3694% | $1,208 |
| Austin Community College | special | 0.1034% | $338 |
| Williamson County FM/Rd | County | 0.0443% | $145 |
| Upper Brushy Creek WCID | Water | 0.0170% | $56 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,668 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $262,140 would pay approximately $1,636 per month (principal and interest only, excluding taxes and insurance).