1508 RIVER OAK DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $177,038 and $259,370, with a best estimate of $214,256. 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
$214,256
$356,423
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L480494G - Oak Ridge - All Sections, this home's estimated market value is between $177,038 and $259,370. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$113,647 for 529 sqft less living space. Net adjustment: -$113,647.
Adjusted -$89,800 for 418 sqft less living space. Net adjustment: -$89,800.
Adjusted -$89,800 for 418 sqft less living space. Net adjustment: -$89,800.
Adjusted -$45,545 for 212 sqft less living space. Net adjustment: -$45,545.
Adjusted -$113,432 for 528 sqft less living space. Net adjustment: -$113,432.
The Neighborhood
This home is valued 2.3% above the L480494G - Oak Ridge - All Sections median of $348,246. With 496 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.3% over the past year.
L480494G - Oak Ridge - All Sections
typicalThis home is +2.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,265 across all districts. With a homestead exemption claimed, that drops to $5,657 — saving $1,608 per year. That's $471 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% | $3,874 |
| Leander | City | 0.4173% | $1,487 |
| Williamson County | County | 0.3694% | $1,317 |
| Austin Community College | special | 0.1034% | $369 |
| Williamson County FM/Rd | County | 0.0443% | $158 |
| Upper Brushy Creek WCID | Water | 0.0170% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $7,265 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $214,256 would pay approximately $1,337 per month (principal and interest only, excluding taxes and insurance).