1607 RIO BRAVO LOOP, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $315,124 and $388,682, with a best estimate of $331,172. 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
$331,172
$365,398
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 $315,124 and $388,682. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$22,706 for 104 sqft more living space. Net adjustment: +$22,706.
Adjusted -$15,719 for 72 sqft less living space. Net adjustment: -$15,719.
Adjusted +$70,082 for 321 sqft more living space. Net adjustment: +$70,082.
Adjusted +$50,651 for 232 sqft more living space. Net adjustment: +$50,651.
Adjusted +$23,579 for 108 sqft more living space. Net adjustment: +$23,579.
The Neighborhood
This home is valued 17.8% 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
above averageThis home is +17.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,448 across all districts. With a homestead exemption claimed, that drops to $5,838 — saving $1,610 per year. That's $487 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% | $3,972 |
| Leander | City | 0.4173% | $1,525 |
| Williamson County | County | 0.3694% | $1,350 |
| Austin Community College | special | 0.1034% | $378 |
| Williamson County FM/Rd | County | 0.0443% | $162 |
| Upper Brushy Creek WCID | Water | 0.0170% | $62 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,448 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $331,172 would pay approximately $2,067 per month (principal and interest only, excluding taxes and insurance).