1406 RIO BRAVO LOOP, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $316,444 and $459,190, with a best estimate of $322,568. 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
$322,568
$295,910
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 $316,444 and $459,190. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$12,663 for 58 sqft less living space. Net adjustment: -$12,663.
Adjusted +$103,486 for 474 sqft more living space. Net adjustment: +$103,486.
Adjusted +$23,797 for 109 sqft more living space and +$881 for being newer. Net adjustment: +$24,678.
Adjusted +$29,037 for 133 sqft more living space. Net adjustment: +$29,037.
Adjusted +$102,394 for 469 sqft more living space. Net adjustment: +$102,394.
The Neighborhood
This home is valued 4.6% below the L101494H - North Creek Sec 1 & 2 median of $310,157. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is -4.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,032 across all districts. With a homestead exemption claimed, that drops to $4,435 — saving $1,597 per year. That's $370 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% | $3,216 |
| Leander | City | 0.4173% | $1,235 |
| Williamson County | County | 0.3694% | $1,093 |
| Austin Community College | special | 0.1034% | $306 |
| Williamson County FM/Rd | County | 0.0443% | $131 |
| Upper Brushy Creek WCID | Water | 0.0170% | $50 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,032 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $322,568 would pay approximately $2,013 per month (principal and interest only, excluding taxes and insurance).