1517 RIVER OAK DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $213,803 and $296,135, with a best estimate of $251,021. 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
$251,021
$396,963
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 $213,803 and $296,135. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$26,854 for 125 sqft less living space and -$50,028 for no garage. Net adjustment: -$76,882.
Adjusted -$3,008 for 14 sqft less living space and -$50,028 for no garage. Net adjustment: -$53,036.
Adjusted -$3,008 for 14 sqft less living space and -$50,028 for no garage. Net adjustment: -$53,036.
Adjusted +$41,248 for 192 sqft more living space and -$50,028 for no garage. Net adjustment: -$8,780.
Adjusted -$26,639 for 124 sqft less living space and -$50,028 for no garage. Net adjustment: -$76,667.
The Neighborhood
This home is valued 14.0% 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 +14.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,092 across all districts. With a homestead exemption claimed, that drops to $6,476 — saving $1,616 per year. That's $540 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% | $4,315 |
| Leander | City | 0.4173% | $1,656 |
| Williamson County | County | 0.3694% | $1,467 |
| Austin Community College | special | 0.1034% | $410 |
| Williamson County FM/Rd | County | 0.0443% | $176 |
| Upper Brushy Creek WCID | Water | 0.0170% | $67 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $8,092 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $251,021 would pay approximately $1,567 per month (principal and interest only, excluding taxes and insurance).