612 RIVERWAY LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $171,986 and $208,487, with a best estimate of $182,873. 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
$182,873
$331,918
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L101494H - North Creek Sec 1 & 2, this home's estimated market value is between $171,986 and $208,487. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$124,008 for 568 sqft less living space. Net adjustment: -$124,008.
Adjusted -$138,636 for 635 sqft less living space. Net adjustment: -$138,636.
Adjusted -$71,829 for 329 sqft less living space and +$881 for being newer. Net adjustment: -$70,948.
Adjusted -$99,556 for 456 sqft less living space and +$881 for being newer. Net adjustment: -$98,675.
Adjusted -$122,480 for 561 sqft less living space and +$881 for being newer. Net adjustment: -$121,599.
The Neighborhood
This home is valued 7.0% above the L101494H - North Creek Sec 1 & 2 median of $310,157. With 986 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is +7.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,766 across all districts. With a homestead exemption claimed, that drops to $5,162 — saving $1,604 per year. That's $430 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% | $3,608 |
| Leander | City | 0.4173% | $1,385 |
| Williamson County | County | 0.3694% | $1,226 |
| Austin Community College | special | 0.1034% | $343 |
| Williamson County FM/Rd | County | 0.0443% | $147 |
| Upper Brushy Creek WCID | Water | 0.0170% | $56 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,766 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $182,873 would pay approximately $1,141 per month (principal and interest only, excluding taxes and insurance).