705 RED RIVER LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $265,484 and $462,293, with a best estimate of $271,714. 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
$271,714
$276,556
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 $265,484 and $462,293. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$5,458 for 25 sqft more living space. Net adjustment: +$5,458.
Adjusted -$2,402 for 11 sqft less living space. Net adjustment: -$2,402.
Adjusted -$19,649 for 90 sqft less living space and +$881 for being newer. Net adjustment: -$18,768.
Adjusted +$2,183 for 10 sqft more living space and -$7,925 for being older. Net adjustment: -$5,742.
Adjusted -$15,719 for 72 sqft less living space. Net adjustment: -$15,719.
The Neighborhood
This home is valued 10.8% 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 -10.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,637 across all districts. With a homestead exemption claimed, that drops to $4,044 — saving $1,593 per year. That's $337 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% | $3,006 |
| Leander | City | 0.4173% | $1,154 |
| Williamson County | County | 0.3694% | $1,022 |
| Austin Community College | special | 0.1034% | $286 |
| Williamson County FM/Rd | County | 0.0443% | $123 |
| Upper Brushy Creek WCID | Water | 0.0170% | $47 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,637 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $271,714 would pay approximately $1,696 per month (principal and interest only, excluding taxes and insurance).