1615 RIO BRAVO LP, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $300,442 and $466,731, with a best estimate of $350,304. 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
$350,304
$303,255
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 $300,442 and $466,731. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$28,164 for 129 sqft more living space. Net adjustment: +$28,164.
Adjusted +$69,427 for 318 sqft more living space. Net adjustment: +$69,427.
Adjusted +$139,946 for 641 sqft more living space. Net adjustment: +$139,946.
Adjusted +$42,137 for 193 sqft more living space. Net adjustment: +$42,137.
Adjusted +$218 for 1 sqft more living space. Net adjustment: +$218.
The Neighborhood
This home is valued 2.2% 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 -2.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,181 across all districts. With a homestead exemption claimed, that drops to $4,583 — saving $1,598 per year. That's $382 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% | $3,296 |
| Leander | City | 0.4173% | $1,265 |
| Williamson County | County | 0.3694% | $1,120 |
| Austin Community College | special | 0.1034% | $314 |
| Williamson County FM/Rd | County | 0.0443% | $134 |
| Upper Brushy Creek WCID | Water | 0.0170% | $52 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,181 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $350,304 would pay approximately $2,187 per month (principal and interest only, excluding taxes and insurance).