703 RIVERWAY LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $304,349 and $470,905, with a best estimate of $464,027. 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
$464,027
$301,845
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 $304,349 and $470,905. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$84,928 for 389 sqft more living space. Net adjustment: +$84,928.
Adjusted +$134,487 for 616 sqft more living space. Net adjustment: +$134,487.
Adjusted +$2,183 for 10 sqft more living space. Net adjustment: +$2,183.
Adjusted +$129,903 for 595 sqft more living space. Net adjustment: +$129,903.
Adjusted +$122,261 for 560 sqft more living space. Net adjustment: +$122,261.
The Neighborhood
This home is valued 2.7% 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 -2.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,153 across all districts. With a homestead exemption claimed, that drops to $4,554 — saving $1,599 per year. That's $380 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% | $3,281 |
| Leander | City | 0.4173% | $1,260 |
| Williamson County | County | 0.3694% | $1,115 |
| Austin Community College | special | 0.1034% | $312 |
| Williamson County FM/Rd | County | 0.0443% | $134 |
| Upper Brushy Creek WCID | Water | 0.0170% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,153 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $464,027 would pay approximately $2,896 per month (principal and interest only, excluding taxes and insurance).