1202 RIVER OAK DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $288,552 and $353,336, with a best estimate of $329,618. That places the property below the L480494G - Oak Ridge - All Sections median of $348,246, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$329,618
$318,676
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $288,552 and $353,336. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$88,297 for 411 sqft less living space. Net adjustment: -$88,297.
Adjusted +$19,120 for 89 sqft more living space. Net adjustment: +$19,120.
Adjusted +$36,951 for 172 sqft more living space and -$1,947 for being older. Net adjustment: +$35,004.
Adjusted -$45,115 for 210 sqft less living space and -$1,947 for being older. Net adjustment: -$47,062.
Adjusted +$51,775 for 241 sqft more living space and -$7,788 for being older. Net adjustment: +$43,987.
The Neighborhood
This home is valued 8.5% below the L480494G - Oak Ridge - All Sections median of $348,246. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.3% over the past year.
L480494G - Oak Ridge - All Sections
typicalThis home is -8.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,496 across all districts. With a homestead exemption claimed, that drops to $4,894 — saving $1,602 per year. That's $408 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% | $3,464 |
| Leander | City | 0.4173% | $1,330 |
| Williamson County | County | 0.3694% | $1,177 |
| Austin Community College | special | 0.1034% | $330 |
| Williamson County FM/Rd | County | 0.0443% | $141 |
| Upper Brushy Creek WCID | Water | 0.0170% | $54 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,496 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $329,618 would pay approximately $2,057 per month (principal and interest only, excluding taxes and insurance).