708 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 $353,396. 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
$353,396
$299,250
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 +$126,628 for 580 sqft more living space. Net adjustment: +$126,628.
Adjusted +$49,996 for 229 sqft more living space. Net adjustment: +$49,996.
This comparable closely matches the subject property's features.
Adjusted -$46,940 for 215 sqft less living space. Net adjustment: -$46,940.
Adjusted +$72,047 for 330 sqft more living space. Net adjustment: +$72,047.
The Neighborhood
This home is valued 3.5% 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 -3.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,100 across all districts. With a homestead exemption claimed, that drops to $4,502 — saving $1,598 per year. That's $375 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% | $3,253 |
| Leander | City | 0.4173% | $1,249 |
| Williamson County | County | 0.3694% | $1,106 |
| Austin Community College | special | 0.1034% | $309 |
| 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% | $6,100 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $353,396 would pay approximately $2,206 per month (principal and interest only, excluding taxes and insurance).