1503 RIVER OAK DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $204,764 and $427,546, with a best estimate of $244,995. 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
$244,995
$287,845
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L480494G - Oak Ridge - All Sections. The estimated range of $204,764 and $427,546 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$54,353 for 253 sqft less living space. Net adjustment: -$54,353.
Adjusted +$48,982 for 228 sqft more living space and -$15,575 for being older. Net adjustment: +$33,407.
Adjusted -$53,279 for 248 sqft less living space and -$13,628 for being older. Net adjustment: -$66,907.
Adjusted -$143,294 for 667 sqft less living space and -$15,575 for being older and -$38,866 for no pool. Net adjustment: -$197,735.
Adjusted -$28,358 for 132 sqft less living space and +$21,416 for being newer and +$50,028 for having a garage. Net adjustment: +$43,086.
The Neighborhood
This home is valued 17.3% 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
below averageThis home is -17.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,867 across all districts. With a homestead exemption claimed, that drops to $4,272 — saving $1,595 per year. That's $356 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% | $3,129 |
| Leander | City | 0.4173% | $1,201 |
| Williamson County | County | 0.3694% | $1,063 |
| Austin Community College | special | 0.1034% | $298 |
| Williamson County FM/Rd | County | 0.0443% | $128 |
| Upper Brushy Creek WCID | Water | 0.0170% | $49 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,867 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $244,995 would pay approximately $1,529 per month (principal and interest only, excluding taxes and insurance).