704 RED RIVER LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $215,849 and $311,917, with a best estimate of $278,632. That places the property below 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
$278,632
$278,202
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $215,849 and $311,917. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$109,162 for 500 sqft less living space. Net adjustment: -$109,162.
Adjusted -$68,117 for 312 sqft less living space. Net adjustment: -$68,117.
Adjusted -$29,910 for 137 sqft less living space and -$881 for being older. Net adjustment: -$30,791.
Adjusted -$5,458 for 25 sqft less living space and +$2,642 for being newer. Net adjustment: -$2,816.
Adjusted +$1,310 for 6 sqft more living space and -$881 for being older. Net adjustment: +$429.
The Neighborhood
This home is valued 10.3% 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 -10.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,671 across all districts. With a homestead exemption claimed, that drops to $4,077 — saving $1,594 per year. That's $340 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% | $3,024 |
| Leander | City | 0.4173% | $1,161 |
| Williamson County | County | 0.3694% | $1,028 |
| Austin Community College | special | 0.1034% | $288 |
| Williamson County FM/Rd | County | 0.0443% | $123 |
| Upper Brushy Creek WCID | Water | 0.0170% | $47 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,671 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $278,632 would pay approximately $1,739 per month (principal and interest only, excluding taxes and insurance).