601 RIVERWAY LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $271,232 and $460,523, with a best estimate of $322,696. That places the property above 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
$322,696
$309,863
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 $271,232 and $460,523. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$48,905 for 224 sqft more living space. Net adjustment: +$48,905.
Adjusted -$40,172 for 184 sqft less living space. Net adjustment: -$40,172.
Adjusted +$135,797 for 622 sqft more living space and +$881 for being newer. Net adjustment: +$136,678.
Adjusted +$27,072 for 124 sqft more living space and +$12,328 for being newer. Net adjustment: +$39,400.
Adjusted -$39,517 for 181 sqft less living space and +$12,328 for being newer and -$6,453 for no pool. Net adjustment: -$33,642.
The Neighborhood
This home is in line with the L101494H - North Creek Sec 1 & 2 median of $310,157. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is -0.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,316 across all districts. With a homestead exemption claimed, that drops to $4,716 — saving $1,600 per year. That's $393 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% | $3,368 |
| Leander | City | 0.4173% | $1,293 |
| Williamson County | County | 0.3694% | $1,145 |
| Austin Community College | special | 0.1034% | $320 |
| Williamson County FM/Rd | County | 0.0443% | $137 |
| Upper Brushy Creek WCID | Water | 0.0170% | $53 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,316 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $322,696 would pay approximately $2,014 per month (principal and interest only, excluding taxes and insurance).