807 RIVERWAY LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $389,564 and $412,686, with a best estimate of $400,132. 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
$400,132
$325,611
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 $389,564 and $412,686. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$146,714 for 672 sqft more living space and -$881 for being older. Net adjustment: +$145,833.
Adjusted +$109,599 for 502 sqft more living space. Net adjustment: +$109,599.
Adjusted +$119,641 for 548 sqft more living space and -$881 for being older. Net adjustment: +$118,760.
Adjusted +$106,760 for 489 sqft more living space. Net adjustment: +$106,760.
Adjusted +$77,068 for 353 sqft more living space and -$881 for being older. Net adjustment: +$76,187.
The Neighborhood
This home is valued 5.0% above the L101494H - North Creek Sec 1 & 2 median of $310,157. With 986 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is +5.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,637 across all districts. With a homestead exemption claimed, that drops to $5,034 — saving $1,603 per year. That's $420 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% | $3,539 |
| Leander | City | 0.4173% | $1,359 |
| Williamson County | County | 0.3694% | $1,203 |
| Austin Community College | special | 0.1034% | $337 |
| Williamson County FM/Rd | County | 0.0443% | $144 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,637 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $400,132 would pay approximately $2,498 per month (principal and interest only, excluding taxes and insurance).