1319 WALLACE ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $188,571 and $283,439, with a best estimate of $218,475. 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
$218,475
$212,071
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in T517364I - NORTH OF LAKE DR WEST OF 95. The estimated range of $188,571 and $283,439 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$20,141 for 120 sqft less living space and +$34,150 for being newer and -$26,028 for no garage. Net adjustment: -$12,019.
Adjusted +$50,017 for 298 sqft more living space and +$22,766 for being newer and -$10,659 for no pool and -$26,028 for no garage. Net adjustment: +$36,096.
Adjusted +$14,434 for 86 sqft more living space and +$11,383 for being newer. Net adjustment: +$25,817.
Adjusted -$7,049 for 42 sqft less living space and +$34,150 for being newer and -$26,028 for no garage. Net adjustment: +$1,073.
Adjusted +$78,550 for 468 sqft more living space and -$11,383 for being older. Net adjustment: +$67,167.
The Neighborhood
This home is valued 12.3% 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 -12.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,410 across all districts. With a homestead exemption claimed, that drops to $2,882 — saving $1,528 per year. That's $240 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% | $2,256 |
| Taylor | City | 0.5850% | $1,241 |
| Williamson County | County | 0.3694% | $783 |
| Williamson County FM/Rd | County | 0.0443% | $94 |
| Lower Brushy Creek WCID | Water | 0.0169% | $36 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,410 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $218,475 would pay approximately $1,364 per month (principal and interest only, excluding taxes and insurance).