1405 RIO BRAVO LOOP, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $176,283 and $366,725, with a best estimate of $315,314. That places the property above 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
$315,314
$315,807
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L101494H - North Creek Sec 1 & 2, this home's estimated market value is between $176,283 and $366,725. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$33,840 for 155 sqft less living space. Net adjustment: -$33,840.
Adjusted -$437 for 2 sqft less living space. Net adjustment: -$437.
Adjusted -$40,390 for 185 sqft less living space. Net adjustment: -$40,390.
Adjusted -$114,838 for 526 sqft less living space. Net adjustment: -$114,838.
Adjusted -$41,482 for 190 sqft less living space. Net adjustment: -$41,482.
The Neighborhood
This home is valued 1.8% above the L101494H - North Creek Sec 1 & 2 median of $310,157. With 986 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is +1.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,437 across all districts. With a homestead exemption claimed, that drops to $4,836 — saving $1,601 per year. That's $403 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% | $3,433 |
| Leander | City | 0.4173% | $1,318 |
| Williamson County | County | 0.3694% | $1,167 |
| Austin Community College | special | 0.1034% | $327 |
| Williamson County FM/Rd | County | 0.0443% | $140 |
| Upper Brushy Creek WCID | Water | 0.0170% | $54 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,437 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $315,314 would pay approximately $1,968 per month (principal and interest only, excluding taxes and insurance).