2405 MEADOW LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $459,172 and $525,577, with a best estimate of $493,742. That places the property above the T528404H - WEST CENTRAL median of $406,958, in a neighborhood that declined 9.9% over the past year.
Estimated Value Range
$493,742
$465,405
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T528404H - WEST CENTRAL, this home's estimated market value is between $459,172 and $525,577. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$31,395 for 159 sqft less living space and +$25,084 for being newer. Net adjustment: -$6,311.
Adjusted +$54,891 for 278 sqft more living space and +$14,333 for being newer. Net adjustment: +$69,224.
Adjusted +$46,204 for 234 sqft more living space and -$3,583 for being older. Net adjustment: +$42,621.
Adjusted +$75,229 for 381 sqft more living space and -$1,792 for being older. Net adjustment: +$73,437.
Adjusted +$27,248 for 138 sqft more living space and +$25,084 for being newer. Net adjustment: +$52,332.
The Neighborhood
This home is valued 14.4% above the T528404H - WEST CENTRAL median of $406,958. With 56 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 9.9% over the past year.
T528404H - WEST CENTRAL
typicalThis home is +14.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,292 across all districts. With a homestead exemption claimed, that drops to $7,721 — saving $1,571 per year. That's $643 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% | $4,754 |
| Taylor | City | 0.5850% | $2,614 |
| Williamson County | County | 0.3694% | $1,651 |
| Williamson County FM/Rd | County | 0.0443% | $198 |
| Lower Brushy Creek WCID | Water | 0.0169% | $76 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $9,292 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $493,742 would pay approximately $3,082 per month (principal and interest only, excluding taxes and insurance).