1405 RIVER OAK DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $229,318 and $410,518, with a best estimate of $260,458. 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
$260,458
$290,353
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L480494G - Oak Ridge - All Sections. The estimated range of $229,318 and $410,518 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$39,744 for 185 sqft less living space and -$13,628 for being older. Net adjustment: -$53,372.
Adjusted -$15,038 for 70 sqft less living space and -$29,203 for being older. Net adjustment: -$44,241.
Adjusted +$11,386 for 53 sqft more living space and -$33,097 for being older. Net adjustment: -$21,711.
Adjusted -$10,527 for 49 sqft less living space and -$56,460 for being older. Net adjustment: -$66,987.
Adjusted +$119,662 for 557 sqft more living space. Net adjustment: +$119,662.
The Neighborhood
This home is valued 16.6% 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
below averageThis home is -16.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,918 across all districts. With a homestead exemption claimed, that drops to $4,322 — saving $1,596 per year. That's $360 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% | $3,156 |
| Leander | City | 0.4173% | $1,212 |
| Williamson County | County | 0.3694% | $1,073 |
| Austin Community College | special | 0.1034% | $300 |
| Williamson County FM/Rd | County | 0.0443% | $129 |
| Upper Brushy Creek WCID | Water | 0.0170% | $49 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,918 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $260,458 would pay approximately $1,626 per month (principal and interest only, excluding taxes and insurance).