706 RED RIVER LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $338,772 and $391,567, with a best estimate of $387,364. That places the property above 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
$387,364
$325,011
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $338,772 and $391,567. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$109,162 for 500 sqft more living space. Net adjustment: +$109,162.
Adjusted +$110,472 for 506 sqft more living space and -$881 for being older. Net adjustment: +$109,591.
Adjusted +$41,045 for 188 sqft more living space. Net adjustment: +$41,045.
Adjusted +$118,332 for 542 sqft more living space and -$881 for being older. Net adjustment: +$117,451.
Adjusted -$23,142 for 106 sqft less living space and +$4,403 for being newer. Net adjustment: -$18,739.
The Neighborhood
This home is valued 4.8% 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 +4.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,625 across all districts. With a homestead exemption claimed, that drops to $5,022 — saving $1,603 per year. That's $419 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% | $3,533 |
| Leander | City | 0.4173% | $1,356 |
| Williamson County | County | 0.3694% | $1,201 |
| Austin Community College | special | 0.1034% | $336 |
| Williamson County FM/Rd | County | 0.0443% | $144 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,625 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $387,364 would pay approximately $2,418 per month (principal and interest only, excluding taxes and insurance).