707 RED RIVER LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $207,885 and $302,276, with a best estimate of $279,123. 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
$279,123
$274,116
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 $207,885 and $302,276. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$2,402 for 11 sqft more living space. Net adjustment: +$2,402.
Adjusted -$118,987 for 545 sqft less living space and +$881 for being newer. Net adjustment: -$118,106.
Adjusted -$36,897 for 169 sqft less living space. Net adjustment: -$36,897.
Adjusted +$7,860 for 36 sqft more living space. Net adjustment: +$7,860.
Adjusted -$3,712 for 17 sqft less living space and -$881 for being older. Net adjustment: -$4,593.
The Neighborhood
This home is valued 11.6% 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 -11.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,587 across all districts. With a homestead exemption claimed, that drops to $3,994 — saving $1,593 per year. That's $333 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% | $2,979 |
| Leander | City | 0.4173% | $1,144 |
| Williamson County | County | 0.3694% | $1,013 |
| Austin Community College | special | 0.1034% | $283 |
| Williamson County FM/Rd | County | 0.0443% | $122 |
| Upper Brushy Creek WCID | Water | 0.0170% | $47 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,587 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $279,123 would pay approximately $1,742 per month (principal and interest only, excluding taxes and insurance).