703 MOUNTAIN RIDGE DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $243,335 and $485,681, with a best estimate of $295,538. 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
$295,538
$301,413
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 $243,335 and $485,681. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$27,499 for 128 sqft less living space and +$1,947 for being newer. Net adjustment: -$25,552.
Adjusted +$46,189 for 215 sqft more living space and +$1,947 for being newer. Net adjustment: +$48,136.
Adjusted -$62,731 for 292 sqft less living space and +$17,522 for being newer. Net adjustment: -$45,209.
Adjusted -$14,609 for 68 sqft less living space and +$3,894 for being newer. Net adjustment: -$10,715.
Adjusted -$103,550 for 482 sqft less living space and +$1,947 for being newer. Net adjustment: -$101,603.
The Neighborhood
This home is valued 13.4% 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 -13.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,144 across all districts. With a homestead exemption claimed, that drops to $4,546 — saving $1,598 per year. That's $379 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% | $3,276 |
| Leander | City | 0.4173% | $1,258 |
| Williamson County | County | 0.3694% | $1,114 |
| Austin Community College | special | 0.1034% | $312 |
| Williamson County FM/Rd | County | 0.0443% | $134 |
| Upper Brushy Creek WCID | Water | 0.0170% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,144 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $295,538 would pay approximately $1,845 per month (principal and interest only, excluding taxes and insurance).