805 RIVERWAY LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $179,778 and $263,036, with a best estimate of $245,789. 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
$245,789
$266,853
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 $179,778 and $263,036. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$27,072 for 124 sqft less living space. Net adjustment: -$27,072.
Adjusted -$146,714 for 672 sqft less living space and +$881 for being newer. Net adjustment: -$145,833.
Adjusted -$101,739 for 466 sqft less living space and +$881 for being newer. Net adjustment: -$100,858.
Adjusted -$37,115 for 170 sqft less living space and +$881 for being newer. Net adjustment: -$36,234.
Adjusted -$29,255 for 134 sqft less living space. Net adjustment: -$29,255.
The Neighborhood
This home is valued 14.0% below the L101494H - North Creek Sec 1 & 2 median of $310,157. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is -14.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,439 across all districts. With a homestead exemption claimed, that drops to $3,848 — saving $1,591 per year. That's $321 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% | $2,900 |
| Leander | City | 0.4173% | $1,114 |
| Williamson County | County | 0.3694% | $986 |
| Austin Community College | special | 0.1034% | $276 |
| Williamson County FM/Rd | County | 0.0443% | $118 |
| Upper Brushy Creek WCID | Water | 0.0170% | $45 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,439 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $245,789 would pay approximately $1,534 per month (principal and interest only, excluding taxes and insurance).