2907 RAINY RIVER DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $202,445 and $397,156, with a best estimate of $338,501. That places the property above the L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal median of $335,878, in a neighborhood that declined 3.4% over the past year.
Estimated Value Range
$338,501
$334,494
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal, this home's estimated market value is between $202,445 and $397,156. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$16,954 for 75 sqft less living space and -$1,279 for being older. Net adjustment: -$18,233.
Adjusted -$16,954 for 75 sqft less living space and -$1,279 for being older. Net adjustment: -$18,233.
Adjusted -$101,723 for 450 sqft less living space and +$2,557 for being newer. Net adjustment: -$99,166.
Adjusted +$52,670 for 233 sqft more living space and +$2,557 for being newer. Net adjustment: +$55,227.
Adjusted +$47,471 for 210 sqft more living space and +$2,557 for being newer. Net adjustment: +$50,028.
The Neighborhood
This home is in line with the L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal median of $335,878. Note that values in this subdivision declined 3.4% over the past year.
L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal
typicalThis home is -0.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,245 across all districts. With a homestead exemption claimed, that drops to $5,662 — saving $1,583 per year. That's $472 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% | $3,636 |
| Block House MUD | MUD | 0.5450% | $1,823 |
| Williamson County | County | 0.3694% | $1,236 |
| Austin Community College | special | 0.1034% | $346 |
| Williamson County FM/Rd | County | 0.0443% | $148 |
| Upper Brushy Creek WCID | Water | 0.0170% | $57 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1661% | $7,245 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $338,501 would pay approximately $2,113 per month (principal and interest only, excluding taxes and insurance).