16604 SHIPSHAW RIVER DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $347,673 and $449,557, with a best estimate of $408,740. That places the property above the L474591G - Blkhouse Cr Ph E Sec607,608,608A, 610, 612 & 614 median of $374,602, in a neighborhood that declined 5.8% over the past year.
Estimated Value Range
$408,740
$369,667
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 $347,673 and $449,557. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$107,063 for 451 sqft more living space and +$21,252 for being newer. Net adjustment: +$128,315.
Adjusted +$84,036 for 354 sqft more living space and +$19,734 for being newer. Net adjustment: +$103,770.
Adjusted +$32,285 for 136 sqft more living space and +$19,734 for being newer. Net adjustment: +$52,019.
Adjusted -$37,270 for 157 sqft less living space and +$18,216 for being newer. Net adjustment: -$19,054.
Adjusted +$712 for 3 sqft more living space and -$22,770 for being older. Net adjustment: -$22,058.
The Neighborhood
This home is valued 1.3% below the L474591G - Blkhouse Cr Ph E Sec607,608,608A, 610, 612 & 614 median of $374,602. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.8% over the past year.
L474591G - Blkhouse Cr Ph E Sec607,608,608A, 610, 612 & 614
typicalThis home is -1.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,007 across all districts. With a homestead exemption claimed, that drops to $6,417 — saving $1,590 per year. That's $535 per month a buyer should budget. The assessed value increased +2.9% vs the subdivision average of -5.8%. This above-average increase gives a protest opportunity score of 44 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $4,018 |
| Block House MUD | MUD | 0.5450% | $2,015 |
| Williamson County | County | 0.3694% | $1,366 |
| Austin Community College | special | 0.1034% | $382 |
| Williamson County FM/Rd | County | 0.0443% | $164 |
| Upper Brushy Creek WCID | Water | 0.0170% | $63 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1661% | $8,007 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $408,740 would pay approximately $2,551 per month (principal and interest only, excluding taxes and insurance).