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704 RIVER CREST, LEANDER, TX 78641

LEANDER, 78641 — williamson County

4 bed2 bath893 sqftBuilt 1994

Property at a Glance

This home is estimated between $194,843 and $370,938, with a best estimate of $311,261. That places the property below the L480494G - Oak Ridge - All Sections median of $348,246, in a neighborhood that declined 3.3% over the past year.

Estimated Value Range

$194,843 $370,938
Best Estimate
$311,261
WCAD Value
$390,080
Medium Confidence

Based on 5 comparable properties(3 in the same subdivision)

Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $194,843 and $370,938. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

708 RIVER CREST, LEANDER, TX 78641
0.02 mi 100% similar Same subdivision
3 bed 2 bath 1,249 sqft Built 1996
Raw Value $310,458
Adjusted Value $230,083

Adjusted -$76,481 for 356 sqft less living space and -$3,894 for being older. Net adjustment: -$80,375.

4 bed 2 bath 911 sqft Built 1999
Raw Value $384,539
Adjusted Value $370,938

Adjusted -$3,867 for 18 sqft less living space and -$9,734 for being older. Net adjustment: -$13,601.

710 RIVER CREST, LEANDER, TX 78641
0.03 mi 100% similar Same subdivision
4 bed 2 bath 1,250 sqft Built 1996
Raw Value $436,929
Adjusted Value $356,339

Adjusted -$76,696 for 357 sqft less living space and -$3,894 for being older. Net adjustment: -$80,590.

3 bed 2 bath 914 sqft Built 1999
Raw Value $325,507
Adjusted Value $311,261

Adjusted -$4,512 for 21 sqft less living space and -$9,734 for being older. Net adjustment: -$14,246.

705 RIVER CREST, LEANDER, TX 78641
0.03 mi 97% similar Same subdivision
3 bed 2 bath 1,435 sqft Built 1992
Raw Value $307,389
Adjusted Value $194,843

Adjusted -$116,440 for 542 sqft less living space and +$3,894 for being newer. Net adjustment: -$112,546.

The Neighborhood

This home is valued 12.0% above the L480494G - Oak Ridge - All Sections median of $348,246. With 496 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.3% over the past year.

L480494G - Oak Ridge - All Sections

typical
496 Properties
$348,246 Median Value
-3.3% YoY Change
2% Have Pool
93% Have Garage
This Home
$390,080
Median
$348,246

This home is +12.0% above the subdivision median.

Tax Analysis

The estimated annual property tax is $7,951 across all districts. With a homestead exemption claimed, that drops to $6,337 — saving $1,614 per year. That's $528 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$4,240
LeanderCity0.4173%$1,628
Williamson CountyCounty0.3694%$1,441
Austin Community Collegespecial0.1034%$403
Williamson County FM/RdCounty0.0443%$173
Upper Brushy Creek WCIDWater0.0170%$66
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0384%$7,951

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $311,261 would pay approximately $1,943 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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