16603 SHIPSHAW RIVER DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $248,093 and $459,096, with a best estimate of $310,474. That places the property below the L474591G - Blkhouse Cr Ph E Sec607,608,608A, 610, 612 & 614 median of $374,602, in a neighborhood that declined 5.8% over the past year.
Estimated Value Range
$310,474
$338,199
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L474591G - Blkhouse Cr Ph E Sec607,608,608A, 610, 612 & 614, this home's estimated market value is between $248,093 and $459,096. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$5,223 for 22 sqft more living space and +$1,518 for being newer. Net adjustment: +$6,741.
Adjusted -$17,804 for 75 sqft less living space. Net adjustment: -$17,804.
Adjusted +$89,021 for 375 sqft more living space and +$1,518 for being newer. Net adjustment: +$90,539.
Adjusted -$101,840 for 429 sqft less living space and -$19,734 for being older. Net adjustment: -$121,574.
Adjusted -$69,555 for 293 sqft less living space. Net adjustment: -$69,555.
The Neighborhood
This home is valued 9.7% below the L474591G - Blkhouse Cr Ph E Sec607,608,608A, 610, 612 & 614 median of $374,602. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.8% over the past year.
L474591G - Blkhouse Cr Ph E Sec607,608,608A, 610, 612 & 614
typicalThis home is -9.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,326 across all districts. With a homestead exemption claimed, that drops to $5,742 — saving $1,584 per year. That's $479 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% | $3,676 |
| Block House MUD | MUD | 0.5450% | $1,843 |
| Williamson County | County | 0.3694% | $1,249 |
| Austin Community College | special | 0.1034% | $350 |
| Williamson County FM/Rd | County | 0.0443% | $150 |
| Upper Brushy Creek WCID | Water | 0.0170% | $57 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1661% | $7,326 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $310,474 would pay approximately $1,938 per month (principal and interest only, excluding taxes and insurance).