1503 RIO BRAVO LOOP, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $159,945 and $322,083, with a best estimate of $195,793. That places the property below 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
$195,793
$323,198
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 $159,945 and $322,083. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$81,653 for 374 sqft less living space. Net adjustment: -$81,653.
Adjusted -$22,487 for 103 sqft less living space. Net adjustment: -$22,487.
Adjusted -$67,899 for 311 sqft less living space. Net adjustment: -$67,899.
Adjusted -$34,713 for 159 sqft less living space. Net adjustment: -$34,713.
Adjusted -$137,107 for 628 sqft less living space. Net adjustment: -$137,107.
The Neighborhood
This home is valued 4.2% 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 +4.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,588 across all districts. With a homestead exemption claimed, that drops to $4,986 — saving $1,602 per year. That's $416 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% | $3,513 |
| Leander | City | 0.4173% | $1,349 |
| Williamson County | County | 0.3694% | $1,194 |
| Austin Community College | special | 0.1034% | $334 |
| Williamson County FM/Rd | County | 0.0443% | $143 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,588 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $195,793 would pay approximately $1,222 per month (principal and interest only, excluding taxes and insurance).