702 RED RIVER LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $283,966 and $380,034, with a best estimate of $346,319. 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
$346,319
$297,727
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $283,966 and $380,034. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$6,986 for 32 sqft more living space and -$2,642 for being older. Net adjustment: +$4,344.
Adjusted +$38,207 for 175 sqft more living space and -$881 for being older. Net adjustment: +$37,326.
Adjusted +$68,117 for 312 sqft more living space. Net adjustment: +$68,117.
Adjusted -$41,045 for 188 sqft less living space. Net adjustment: -$41,045.
Adjusted +$85,146 for 390 sqft more living space and -$881 for being older. Net adjustment: +$84,265.
The Neighborhood
This home is valued 4.0% 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 -4.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,069 across all districts. With a homestead exemption claimed, that drops to $4,471 — saving $1,598 per year. That's $373 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% | $3,236 |
| Leander | City | 0.4173% | $1,242 |
| Williamson County | County | 0.3694% | $1,100 |
| Austin Community College | special | 0.1034% | $308 |
| Williamson County FM/Rd | County | 0.0443% | $132 |
| Upper Brushy Creek WCID | Water | 0.0170% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,069 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $346,319 would pay approximately $2,162 per month (principal and interest only, excluding taxes and insurance).