1514 RIVER OAK DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $222,583 and $383,388, with a best estimate of $259,801. 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
$259,801
$304,915
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L480494G - Oak Ridge - All Sections, this home's estimated market value is between $222,583 and $383,388. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$68,102 for 317 sqft less living space. Net adjustment: -$68,102.
Adjusted -$44,256 for 206 sqft less living space. Net adjustment: -$44,256.
Adjusted -$44,256 for 206 sqft less living space. Net adjustment: -$44,256.
Adjusted -$67,887 for 316 sqft less living space. Net adjustment: -$67,887.
Adjusted +$47,478 for 221 sqft more living space. Net adjustment: +$47,478.
The Neighborhood
This home is valued 12.4% below the L480494G - Oak Ridge - All Sections median of $348,246. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.3% over the past year.
L480494G - Oak Ridge - All Sections
typicalThis home is -12.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,215 across all districts. With a homestead exemption claimed, that drops to $4,616 — saving $1,599 per year. That's $385 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% | $3,314 |
| Leander | City | 0.4173% | $1,272 |
| Williamson County | County | 0.3694% | $1,126 |
| Austin Community College | special | 0.1034% | $315 |
| Williamson County FM/Rd | County | 0.0443% | $135 |
| Upper Brushy Creek WCID | Water | 0.0170% | $52 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,215 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $259,801 would pay approximately $1,622 per month (principal and interest only, excluding taxes and insurance).