700 RIVERWAY LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $280,924 and $471,733, with a best estimate of $321,509. 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
$321,509
$293,032
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 $280,924 and $471,733. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$137,762 for 631 sqft more living space. Net adjustment: +$137,762.
Adjusted -$46,940 for 215 sqft less living space. Net adjustment: -$46,940.
Adjusted +$14,628 for 67 sqft more living space. Net adjustment: +$14,628.
Adjusted -$28,382 for 130 sqft less living space. Net adjustment: -$28,382.
Adjusted +$126,628 for 580 sqft more living space. Net adjustment: +$126,628.
The Neighborhood
This home is valued 5.5% 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 -5.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,973 across all districts. With a homestead exemption claimed, that drops to $4,376 — saving $1,597 per year. That's $365 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% | $3,185 |
| Leander | City | 0.4173% | $1,223 |
| Williamson County | County | 0.3694% | $1,083 |
| Austin Community College | special | 0.1034% | $303 |
| Williamson County FM/Rd | County | 0.0443% | $130 |
| Upper Brushy Creek WCID | Water | 0.0170% | $50 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,973 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $321,509 would pay approximately $2,007 per month (principal and interest only, excluding taxes and insurance).