1308 RIVER OAK DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $331,587 and $447,108, with a best estimate of $392,905. 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
$392,905
$374,368
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 $331,587 and $447,108. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$91,949 for 428 sqft more living space and +$27,256 for being newer. Net adjustment: +$119,205.
Adjusted +$92,164 for 429 sqft more living space and +$27,256 for being newer. Net adjustment: +$119,420.
Adjusted -$49,197 for 229 sqft less living space and +$11,681 for being newer. Net adjustment: -$37,516.
Adjusted -$63,376 for 295 sqft less living space and +$13,628 for being newer. Net adjustment: -$49,748.
Adjusted +$61,442 for 286 sqft more living space and +$27,256 for being newer. Net adjustment: +$88,698.
The Neighborhood
This home is valued 7.5% above the L480494G - Oak Ridge - All Sections median of $348,246. With 496 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.3% over the past year.
L480494G - Oak Ridge - All Sections
typicalThis home is +7.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,631 across all districts. With a homestead exemption claimed, that drops to $6,019 — saving $1,612 per year. That's $502 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% | $4,069 |
| Leander | City | 0.4173% | $1,562 |
| Williamson County | County | 0.3694% | $1,383 |
| Austin Community College | special | 0.1034% | $387 |
| Williamson County FM/Rd | County | 0.0443% | $166 |
| Upper Brushy Creek WCID | Water | 0.0170% | $64 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,631 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $392,905 would pay approximately $2,453 per month (principal and interest only, excluding taxes and insurance).