1406 RIVER OAK DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $268,785 and $351,118, with a best estimate of $306,003. That places the property below the L480494G - Oak Ridge - All Sections median of $348,246, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$306,003
$300,780
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L480494G - Oak Ridge - All Sections, this home's estimated market value is between $268,785 and $351,118. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$23,847 for 111 sqft less living space and +$1,947 for being newer. Net adjustment: -$21,900.
Adjusted +$1,947 for being newer. Net adjustment: +$1,947.
Adjusted +$1,947 for being newer. Net adjustment: +$1,947.
Adjusted +$44,256 for 206 sqft more living space and +$1,947 for being newer. Net adjustment: +$46,203.
Adjusted -$23,632 for 110 sqft less living space and +$1,947 for being newer. Net adjustment: -$21,685.
The Neighborhood
This home is valued 13.6% below the L480494G - Oak Ridge - All Sections median of $348,246. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.3% over the past year.
L480494G - Oak Ridge - All Sections
typicalThis home is -13.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,131 across all districts. With a homestead exemption claimed, that drops to $4,533 — saving $1,598 per year. That's $378 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% | $3,269 |
| Leander | City | 0.4173% | $1,255 |
| Williamson County | County | 0.3694% | $1,111 |
| Austin Community College | special | 0.1034% | $311 |
| Williamson County FM/Rd | County | 0.0443% | $133 |
| Upper Brushy Creek WCID | Water | 0.0170% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,131 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $306,003 would pay approximately $1,910 per month (principal and interest only, excluding taxes and insurance).