1500 RIVER OAK DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $290,470 and $372,802, with a best estimate of $327,688. 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
$327,688
$325,470
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 $290,470 and $372,802. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$215 for 1 sqft less living space. Net adjustment: -$215.
Adjusted +$23,632 for 110 sqft more living space. Net adjustment: +$23,632.
Adjusted +$23,632 for 110 sqft more living space. Net adjustment: +$23,632.
Adjusted +$67,887 for 316 sqft more living space. Net adjustment: +$67,887.
This comparable closely matches the subject property's features.
The Neighborhood
This home is valued 6.5% below the L480494G - Oak Ridge - All Sections median of $348,246. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.3% over the past year.
L480494G - Oak Ridge - All Sections
typicalThis home is -6.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,634 across all districts. With a homestead exemption claimed, that drops to $5,032 — saving $1,602 per year. That's $419 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% | $3,538 |
| Leander | City | 0.4173% | $1,358 |
| Williamson County | County | 0.3694% | $1,202 |
| Austin Community College | special | 0.1034% | $337 |
| Williamson County FM/Rd | County | 0.0443% | $144 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,634 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $327,688 would pay approximately $2,045 per month (principal and interest only, excluding taxes and insurance).