708 RED RIVER LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $215,420 and $392,758, with a best estimate of $277,773. That places the property below 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
$277,773
$278,203
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 $215,420 and $392,758. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$6,768 for 31 sqft less living space and +$3,522 for being newer. Net adjustment: -$3,246.
Adjusted -$110,472 for 506 sqft less living space and +$881 for being newer. Net adjustment: -$109,591.
Adjusted +$66,370 for 304 sqft more living space and +$881 for being newer. Net adjustment: +$67,251.
Adjusted -$72,047 for 330 sqft less living space and +$881 for being newer. Net adjustment: -$71,166.
Adjusted -$1,310 for 6 sqft less living space and +$881 for being newer. Net adjustment: -$429.
The Neighborhood
This home is valued 10.3% 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 -10.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,671 across all districts. With a homestead exemption claimed, that drops to $4,077 — saving $1,594 per year. That's $340 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% | $3,024 |
| Leander | City | 0.4173% | $1,161 |
| Williamson County | County | 0.3694% | $1,028 |
| Austin Community College | special | 0.1034% | $288 |
| Williamson County FM/Rd | County | 0.0443% | $123 |
| Upper Brushy Creek WCID | Water | 0.0170% | $47 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,671 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $277,773 would pay approximately $1,734 per month (principal and interest only, excluding taxes and insurance).