1504 RIO BRAVO LOOP, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $229,965 and $451,750, with a best estimate of $301,200. 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
$301,200
$297,770
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 $229,965 and $451,750. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$4,148 for 19 sqft more living space. Net adjustment: +$4,148.
Adjusted -$66,370 for 304 sqft less living space. Net adjustment: -$66,370.
Adjusted +$111,563 for 511 sqft more living space. Net adjustment: +$111,563.
Adjusted +$73,357 for 336 sqft more living space. Net adjustment: +$73,357.
Adjusted -$119,205 for 546 sqft less living space. Net adjustment: -$119,205.
The Neighborhood
This home is valued 4.0% 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 -4.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,070 across all districts. With a homestead exemption claimed, that drops to $4,472 — saving $1,598 per year. That's $373 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% | $3,236 |
| Leander | City | 0.4173% | $1,243 |
| Williamson County | County | 0.3694% | $1,100 |
| Austin Community College | special | 0.1034% | $308 |
| Williamson County FM/Rd | County | 0.0443% | $132 |
| Upper Brushy Creek WCID | Water | 0.0170% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0384% | $6,070 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $301,200 would pay approximately $1,880 per month (principal and interest only, excluding taxes and insurance).