600 RIVERWAY LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $173,002 and $313,593, with a best estimate of $308,092. 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
$308,092
$341,254
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 $173,002 and $313,593. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$25,762 for 118 sqft less living space. Net adjustment: -$25,762.
Adjusted -$32,967 for 151 sqft less living space and -$881 for being older. Net adjustment: -$33,848.
Adjusted -$111,782 for 512 sqft less living space. Net adjustment: -$111,782.
Adjusted -$22,924 for 105 sqft less living space. Net adjustment: -$22,924.
Adjusted -$38,425 for 176 sqft less living space and -$881 for being older. Net adjustment: -$39,306.
The Neighborhood
This home is valued 10.0% 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
typicalThis home is +10.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,956 across all districts. With a homestead exemption claimed, that drops to $5,350 — saving $1,606 per year. That's $446 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% | $3,709 |
| Leander | City | 0.4173% | $1,424 |
| Williamson County | County | 0.3694% | $1,261 |
| Austin Community College | special | 0.1034% | $353 |
| Williamson County FM/Rd | County | 0.0443% | $151 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,956 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $308,092 would pay approximately $1,923 per month (principal and interest only, excluding taxes and insurance).