611 RIVERWAY LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $211,341 and $381,041, with a best estimate of $369,522. That places the property above 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
$369,522
$398,204
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 $211,341 and $381,041. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$45,193 for 207 sqft more living space. Net adjustment: +$45,193.
Adjusted -$89,513 for 410 sqft less living space. Net adjustment: -$89,513.
Adjusted -$89,513 for 410 sqft less living space. Net adjustment: -$89,513.
Adjusted +$40,390 for 185 sqft more living space. Net adjustment: +$40,390.
Adjusted +$49,123 for 225 sqft more living space. Net adjustment: +$49,123.
The Neighborhood
This home is valued 28.4% 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
above averageThis home is +28.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,117 across all districts. With a homestead exemption claimed, that drops to $6,501 — saving $1,616 per year. That's $542 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% | $4,328 |
| Leander | City | 0.4173% | $1,662 |
| Williamson County | County | 0.3694% | $1,471 |
| Austin Community College | special | 0.1034% | $412 |
| Williamson County FM/Rd | County | 0.0443% | $177 |
| Upper Brushy Creek WCID | Water | 0.0170% | $68 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,117 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $369,522 would pay approximately $2,307 per month (principal and interest only, excluding taxes and insurance).