701 RIVERWAY LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $216,917 and $385,977, with a best estimate of $374,107. 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
$374,107
$379,099
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 $216,917 and $385,977. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$84,928 for 389 sqft less living space. Net adjustment: -$84,928.
Adjusted +$44,975 for 206 sqft more living space. Net adjustment: +$44,975.
Adjusted +$49,560 for 227 sqft more living space. Net adjustment: +$49,560.
Adjusted -$84,928 for 389 sqft less living space. Net adjustment: -$84,928.
Adjusted +$37,333 for 171 sqft more living space. Net adjustment: +$37,333.
The Neighborhood
This home is valued 22.2% 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
above averageThis home is +22.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,727 across all districts. With a homestead exemption claimed, that drops to $6,115 — saving $1,612 per year. That's $510 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% | $4,120 |
| Leander | City | 0.4173% | $1,582 |
| Williamson County | County | 0.3694% | $1,401 |
| Austin Community College | special | 0.1034% | $392 |
| Williamson County FM/Rd | County | 0.0443% | $168 |
| Upper Brushy Creek WCID | Water | 0.0170% | $64 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,727 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $374,107 would pay approximately $2,335 per month (principal and interest only, excluding taxes and insurance).