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1404 RIO BRAVO LOOP, LEANDER, TX 78641

LEANDER, 78641 — williamson County

3 bed2 bath892 sqftBuilt 2001

Property at a Glance

This home is estimated between $188,798 and $356,197, with a best estimate of $212,959. That places the property below 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

$188,798 $356,197
Best Estimate
$212,959
WCAD Value
$327,964
High Confidence

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 $188,798 and $356,197. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

1402 RIO BRAVO LOOP, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,233 sqft Built 2001
Raw Value $291,121
Adjusted Value $216,673

Adjusted -$74,448 for 341 sqft less living space. Net adjustment: -$74,448.

1406 RIO BRAVO LOOP, LEANDER, TX 78641
0.01 mi 100% similar Same subdivision
3 bed 2 bath 1,366 sqft Built 2001
Raw Value $295,910
Adjusted Value $192,424

Adjusted -$103,486 for 474 sqft less living space. Net adjustment: -$103,486.

1405 WATERFALL AVE, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,257 sqft Built 2000
Raw Value $291,766
Adjusted Value $212,959

Adjusted -$79,688 for 365 sqft less living space and +$881 for being newer. Net adjustment: -$78,807.

1405 RIO BRAVO LOOP, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 707 sqft Built 2001
Raw Value $315,807
Adjusted Value $356,197

Adjusted +$40,390 for 185 sqft more living space. Net adjustment: +$40,390.

1401 WATERFALL AVE, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,382 sqft Built 2001
Raw Value $295,777
Adjusted Value $188,798

Adjusted -$106,979 for 490 sqft less living space. Net adjustment: -$106,979.

The Neighborhood

This home is valued 5.7% 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

typical
986 Properties
$310,157 Median Value
-3.9% YoY Change
1% Have Pool
97% Have Garage
This Home
$327,964
Median
$310,157

This home is +5.7% above the subdivision median.

Tax Analysis

The estimated annual property tax is $6,685 across all districts. With a homestead exemption claimed, that drops to $5,082 — saving $1,603 per year. That's $424 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$3,565
LeanderCity0.4173%$1,369
Williamson CountyCounty0.3694%$1,212
Austin Community Collegespecial0.1034%$339
Williamson County FM/RdCounty0.0443%$145
Upper Brushy Creek WCIDWater0.0170%$56
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$6,685

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $212,959 would pay approximately $1,329 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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