2308 CHERRYWOOD DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $215,629 and $255,126, with a best estimate of $236,467. That places the property below the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$236,467
$234,250
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T517364I - NORTH OF LAKE DR WEST OF 95, this home's estimated market value is between $215,629 and $255,126. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$504 for 3 sqft less living space and -$2,277 for being older. Net adjustment: -$2,781.
Adjusted -$27,190 for 162 sqft less living space. Net adjustment: -$27,190.
Adjusted +$35,415 for 211 sqft more living space. Net adjustment: +$35,415.
Adjusted +$3,525 for 21 sqft more living space. Net adjustment: +$3,525.
Adjusted +$11,078 for 66 sqft more living space. Net adjustment: +$11,078.
The Neighborhood
This home is valued 3.2% below the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
typicalThis home is -3.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,871 across all districts. With a homestead exemption claimed, that drops to $3,339 — saving $1,532 per year. That's $278 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 |
|---|---|---|---|
| Taylor ISD | School | 1.0638% | $2,492 |
| Taylor | City | 0.5850% | $1,370 |
| Williamson County | County | 0.3694% | $865 |
| Williamson County FM/Rd | County | 0.0443% | $104 |
| Lower Brushy Creek WCID | Water | 0.0169% | $40 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,871 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $236,467 would pay approximately $1,476 per month (principal and interest only, excluding taxes and insurance).