1632 RIVER PLATEAU DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $71,937 and $510,734, with a best estimate of $432,878. That places the property below the I401324C - GARLOCK SUB median of $450,287, in a neighborhood that appreciated 198.9% over the past year.
Estimated Value Range
$432,878
$372,293
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 $71,937 and $510,734. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$26,232 for 88 sqft less living space. Net adjustment: -$26,232.
Adjusted -$5,366 for 18 sqft less living space and -$19,789 for being older. Net adjustment: -$25,155.
Adjusted +$30,704 for 103 sqft more living space and -$19,789 for being older. Net adjustment: +$10,915.
Adjusted -$230,725 for 774 sqft less living space. Net adjustment: -$230,725.
Adjusted -$894 for 3 sqft less living space and -$296,836 for being older. Net adjustment: -$297,730.
The Neighborhood
This home is valued 17.3% below the I401324C - GARLOCK SUB median of $450,287. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 198.9% over the past year.
I401324C - GARLOCK SUB
below averageThis home is -17.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,706 across all districts. With a homestead exemption claimed, that drops to $5,882 — saving $1,824 per year. That's $490 per month a buyer should budget. The assessed value increased +261.4% vs the subdivision average of +198.9%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $4,612 |
| Leander | City | 0.4173% | $1,554 |
| Williamson County | County | 0.3694% | $1,375 |
| Williamson County FM/Rd | County | 0.0443% | $165 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0700% | $7,706 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $432,878 would pay approximately $2,702 per month (principal and interest only, excluding taxes and insurance).