1206 RIVER OAK DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $274,957 and $330,162, with a best estimate of $299,934. 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
$299,934
$321,247
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $274,957 and $330,162. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$9,023 for 42 sqft less living space. Net adjustment: -$9,023.
Adjusted -$1,719 for 8 sqft less living space and +$1,947 for being newer. Net adjustment: +$228.
Adjusted -$5,371 for 25 sqft less living space. Net adjustment: -$5,371.
Adjusted -$93,667 for 436 sqft less living space. Net adjustment: -$93,667.
Adjusted -$27,284 for 127 sqft less living space and -$11,681 for being older. Net adjustment: -$38,965.
The Neighborhood
This home is valued 7.8% 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 -7.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,548 across all districts. With a homestead exemption claimed, that drops to $4,946 — saving $1,602 per year. That's $412 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% | $3,492 |
| Leander | City | 0.4173% | $1,341 |
| Williamson County | County | 0.3694% | $1,187 |
| Austin Community College | special | 0.1034% | $332 |
| Williamson County FM/Rd | County | 0.0443% | $142 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,548 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $299,934 would pay approximately $1,872 per month (principal and interest only, excluding taxes and insurance).