1501 RIVER OAK DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $226,182 and $344,706, with a best estimate of $304,064. 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
$304,064
$299,348
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L480494G - Oak Ridge - All Sections. The estimated range of $226,182 and $344,706 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$6,445 for 30 sqft more living space. Net adjustment: +$6,445.
Adjusted +$1,074 for 5 sqft more living space and -$13,628 for being older. Net adjustment: -$12,554.
Adjusted +$54,353 for 253 sqft more living space. Net adjustment: +$54,353.
Adjusted -$645 for 3 sqft less living space and -$29,203 for being older. Net adjustment: -$29,848.
Adjusted +$30,936 for 144 sqft more living space and -$31,150 for being older. Net adjustment: -$214.
The Neighborhood
This home is valued 14.0% 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 -14.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,102 across all districts. With a homestead exemption claimed, that drops to $4,504 — saving $1,598 per year. That's $375 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% | $3,254 |
| Leander | City | 0.4173% | $1,249 |
| Williamson County | County | 0.3694% | $1,106 |
| Austin Community College | special | 0.1034% | $310 |
| Williamson County FM/Rd | County | 0.0443% | $133 |
| Upper Brushy Creek WCID | Water | 0.0170% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,102 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $304,064 would pay approximately $1,898 per month (principal and interest only, excluding taxes and insurance).