1201 RIVER OAK DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $343,413 and $425,745, with a best estimate of $380,631. That places the property above the L480494G - Oak Ridge - All Sections median of $348,246, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$380,631
$314,927
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 $343,413 and $425,745. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$39,100 for 182 sqft more living space and +$13,628 for being newer. Net adjustment: +$52,728.
Adjusted +$62,946 for 293 sqft more living space and +$13,628 for being newer. Net adjustment: +$76,574.
Adjusted +$62,946 for 293 sqft more living space and +$13,628 for being newer. Net adjustment: +$76,574.
Adjusted +$107,202 for 499 sqft more living space and +$13,628 for being newer. Net adjustment: +$120,830.
Adjusted +$39,315 for 183 sqft more living space and +$13,628 for being newer. Net adjustment: +$52,943.
The Neighborhood
This home is valued 9.6% 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
typicalThis home is -9.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,419 across all districts. With a homestead exemption claimed, that drops to $4,819 — saving $1,600 per year. That's $402 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% | $3,423 |
| Leander | City | 0.4173% | $1,314 |
| Williamson County | County | 0.3694% | $1,163 |
| Austin Community College | special | 0.1034% | $326 |
| 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% | $6,419 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $380,631 would pay approximately $2,376 per month (principal and interest only, excluding taxes and insurance).