1402 RIO BRAVO LOOP, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $224,361 and $481,563, with a best estimate of $266,873. 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
$266,873
$291,121
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 $224,361 and $481,563. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$74,448 for 341 sqft more living space. Net adjustment: +$74,448.
Adjusted -$29,037 for 133 sqft less living space. Net adjustment: -$29,037.
Adjusted -$32,530 for 149 sqft less living space. Net adjustment: -$32,530.
Adjusted -$96,717 for 443 sqft less living space and +$881 for being newer. Net adjustment: -$95,836.
Adjusted +$80,998 for 371 sqft more living space. Net adjustment: +$80,998.
The Neighborhood
This home is valued 6.1% 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 -6.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,934 across all districts. With a homestead exemption claimed, that drops to $4,338 — saving $1,596 per year. That's $362 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% | $3,164 |
| Leander | City | 0.4173% | $1,215 |
| Williamson County | County | 0.3694% | $1,076 |
| Austin Community College | special | 0.1034% | $301 |
| Williamson County FM/Rd | County | 0.0443% | $129 |
| Upper Brushy Creek WCID | Water | 0.0170% | $49 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,934 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $266,873 would pay approximately $1,666 per month (principal and interest only, excluding taxes and insurance).