614 RIVERWAY LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $270,788 and $455,926, with a best estimate of $323,448. 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
$323,448
$306,881
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 $270,788 and $455,926. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$124,008 for 568 sqft more living space. Net adjustment: +$124,008.
Adjusted -$54,799 for 251 sqft less living space. Net adjustment: -$54,799.
Adjusted -$14,628 for 67 sqft less living space. Net adjustment: -$14,628.
Adjusted +$24,452 for 112 sqft more living space and +$881 for being newer. Net adjustment: +$25,333.
Adjusted +$52,179 for 239 sqft more living space and +$881 for being newer. Net adjustment: +$53,060.
The Neighborhood
This home is valued 1.1% below the L101494H - North Creek Sec 1 & 2 median of $310,157. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is -1.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,255 across all districts. With a homestead exemption claimed, that drops to $4,656 — saving $1,599 per year. That's $388 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% | $3,335 |
| Leander | City | 0.4173% | $1,281 |
| Williamson County | County | 0.3694% | $1,134 |
| Austin Community College | special | 0.1034% | $317 |
| Williamson County FM/Rd | County | 0.0443% | $136 |
| Upper Brushy Creek WCID | Water | 0.0170% | $52 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,255 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $323,448 would pay approximately $2,019 per month (principal and interest only, excluding taxes and insurance).