1016 7TH ST W, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $129,118 and $464,293, with a best estimate of $293,681. That places the property below the T542 - H3-H5 median of $362,038, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$293,681
$278,100
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $129,118 and $464,293. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$56,216 for 262 sqft less living space and -$32,068 for being older. Net adjustment: -$88,284.
Adjusted +$5,150 for 24 sqft more living space and +$16,034 for being newer and +$64,811 for having a garage. Net adjustment: +$85,995.
Adjusted +$36,261 for 169 sqft more living space and +$64,811 for having a garage. Net adjustment: +$101,072.
Adjusted -$28,752 for 134 sqft less living space and +$64,811 for having a garage. Net adjustment: +$36,059.
Adjusted -$38,622 for 180 sqft less living space and -$32,068 for being older and +$64,811 for having a garage. Net adjustment: -$5,879.
The Neighborhood
This home is valued 23.2% below the T542 - H3-H5 median of $362,038. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.9% over the past year.
T542 - H3-H5
below averageThis home is -23.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,783 across all districts. With a homestead exemption claimed, that drops to $4,242 — saving $1,541 per year. That's $354 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% | $2,958 |
| Taylor | City | 0.5850% | $1,627 |
| Williamson County | County | 0.3694% | $1,027 |
| Williamson County FM/Rd | County | 0.0443% | $123 |
| Lower Brushy Creek WCID | Water | 0.0169% | $47 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,783 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $293,681 would pay approximately $1,833 per month (principal and interest only, excluding taxes and insurance).