701 RED RIVER LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $260,982 and $325,820, with a best estimate of $295,489. 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
$295,489
$287,632
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 $260,982 and $325,820. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$25,107 for 115 sqft more living space and -$881 for being older. Net adjustment: +$24,226.
Adjusted +$19,649 for 90 sqft more living space and -$881 for being older. Net adjustment: +$18,768.
Adjusted -$89,294 for 409 sqft less living space and -$1,761 for being older. Net adjustment: -$91,055.
Adjusted -$19,649 for 90 sqft less living space and -$1,761 for being older. Net adjustment: -$21,410.
Adjusted +$39,298 for 180 sqft more living space and -$881 for being older. Net adjustment: +$38,417.
The Neighborhood
This home is valued 7.3% 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 -7.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,863 across all districts. With a homestead exemption claimed, that drops to $4,267 — saving $1,596 per year. That's $356 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% | $3,126 |
| Leander | City | 0.4173% | $1,200 |
| Williamson County | County | 0.3694% | $1,063 |
| Austin Community College | special | 0.1034% | $297 |
| Williamson County FM/Rd | County | 0.0443% | $128 |
| Upper Brushy Creek WCID | Water | 0.0170% | $49 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $5,863 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $295,489 would pay approximately $1,844 per month (principal and interest only, excluding taxes and insurance).