700 RIVA RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $962,905 and $1,404,134, with a best estimate of $1,356,248. That places the property above the L115483G - High Gabriel West Sec 1 & 2 median of $471,546, in a neighborhood that appreciated 2.0% over the past year.
Estimated Value Range
$1,356,248
$1,074,669
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 $962,905 and $1,404,134. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$470,930 for 1,841 sqft more living space and -$36,046 for being older. Net adjustment: +$434,884.
Adjusted +$368,865 for 1,442 sqft more living space and +$6,008 for being newer. Net adjustment: +$374,873.
Adjusted +$482,185 for 1,885 sqft more living space and +$42,053 for being newer. Net adjustment: +$524,238.
Adjusted +$480,906 for 1,880 sqft more living space and -$48,061 for being older. Net adjustment: +$432,845.
Adjusted +$124,063 for 485 sqft more living space and -$108,137 for being older. Net adjustment: +$15,926.
The Neighborhood
This home is valued 127.9% above the L115483G - High Gabriel West Sec 1 & 2 median of $471,546. With 171 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.0% over the past year.
L115483G - High Gabriel West Sec 1 & 2
outlier highThis home is +127.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $18,312 across all districts. With a homestead exemption claimed, that drops to $16,592 — saving $1,720 per year. That's $1,383 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% | $11,681 |
| Williamson County | County | 0.3694% | $3,970 |
| Austin Community College | special | 0.1034% | $1,111 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $1,074 |
| Williamson County FM/Rd | County | 0.0443% | $476 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7040% | $18,312 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,356,248 would pay approximately $8,466 per month (principal and interest only, excluding taxes and insurance).