705 RIVER CREST, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $262,401 and $342,629, with a best estimate of $287,084. 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
$287,084
$307,389
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 $262,401 and $342,629. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$84,859 for 395 sqft less living space and -$3,894 for being older. Net adjustment: -$88,753.
Adjusted -$14,824 for 69 sqft less living space and -$19,469 for being older. Net adjustment: -$34,293.
Adjusted +$39,959 for 186 sqft more living space and -$7,788 for being older. Net adjustment: +$32,171.
Adjusted -$9,238 for 43 sqft less living space and -$7,788 for being older. Net adjustment: -$17,026.
Adjusted -$21,698 for 101 sqft less living space and -$13,628 for being older. Net adjustment: -$35,326.
The Neighborhood
This home is valued 11.7% 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 -11.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,266 across all districts. With a homestead exemption claimed, that drops to $4,666 — saving $1,600 per year. That's $389 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% | $3,341 |
| Leander | City | 0.4173% | $1,283 |
| Williamson County | County | 0.3694% | $1,136 |
| Austin Community College | special | 0.1034% | $318 |
| Williamson County FM/Rd | County | 0.0443% | $136 |
| Upper Brushy Creek WCID | Water | 0.0170% | $52 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,266 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $287,084 would pay approximately $1,792 per month (principal and interest only, excluding taxes and insurance).