616 5TH ST W, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $289,581 and $692,170, with a best estimate of $397,948. That places the property above the T542 - H3-H5 median of $362,038, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$397,948
$408,621
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 $289,581 and $692,170. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$56,430 for 263 sqft more living space and +$32,068 for being newer. Net adjustment: +$88,498.
Adjusted +$62,438 for 291 sqft more living space and +$6,414 for being newer. Net adjustment: +$68,852.
Adjusted +$59,005 for 275 sqft more living space and +$64,136 for being newer. Net adjustment: +$123,141.
Adjusted +$104,922 for 489 sqft more living space and +$32,068 for being newer and -$64,811 for no garage. Net adjustment: +$72,179.
Adjusted +$122,516 for 571 sqft more living space and +$32,068 for being newer. Net adjustment: +$154,584.
The Neighborhood
This home is valued 12.9% above the T542 - H3-H5 median of $362,038. With 314 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.9% over the past year.
T542 - H3-H5
typicalThis home is +12.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,902 across all districts. With a homestead exemption claimed, that drops to $3,369 — saving $1,533 per year. That's $281 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% | $2,508 |
| Taylor | City | 0.5850% | $1,379 |
| Williamson County | County | 0.3694% | $871 |
| 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% | $4,902 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $397,948 would pay approximately $2,484 per month (principal and interest only, excluding taxes and insurance).