2915 RAINY RIVER DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $295,352 and $431,408, with a best estimate of $346,398. 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
$346,398
$311,868
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 $295,352 and $431,408. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$18,762 for 83 sqft more living space and +$6,394 for being newer. Net adjustment: +$25,156.
Adjusted +$75,953 for 336 sqft more living space and -$1,279 for being older. Net adjustment: +$74,674.
Adjusted -$3,165 for 14 sqft less living space and +$5,115 for being newer. Net adjustment: +$1,950.
Adjusted +$75,953 for 336 sqft more living space and -$1,279 for being older. Net adjustment: +$74,674.
Adjusted -$8,816 for 39 sqft less living space and +$2,557 for being newer. Net adjustment: -$6,259.
The Neighborhood
This home is valued 7.1% below the L478400G - Blockhouse Creek, Ph D,G,H,Z Milburn&Continetal median of $335,878. That positions it competitively for buyers comparing within the neighborhood. 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 -7.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,755 across all districts. With a homestead exemption claimed, that drops to $5,176 — saving $1,579 per year. That's $431 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% | $3,390 |
| Block House MUD | MUD | 0.5450% | $1,700 |
| Williamson County | County | 0.3694% | $1,152 |
| Austin Community College | special | 0.1034% | $322 |
| Williamson County FM/Rd | County | 0.0443% | $138 |
| Upper Brushy Creek WCID | Water | 0.0170% | $53 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1661% | $6,755 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $346,398 would pay approximately $2,162 per month (principal and interest only, excluding taxes and insurance).