1118 W 7TH ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $146,612 and $578,197, with a best estimate of $246,474. 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
$246,474
$269,899
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 $146,612 and $578,197. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$9,441 for 44 sqft less living space and -$16,034 for being older. Net adjustment: -$25,475.
Adjusted -$6,866 for 32 sqft less living space and +$16,034 for being newer. Net adjustment: +$9,168.
Adjusted +$39,051 for 182 sqft more living space and -$16,034 for being older and -$64,811 for no garage. Net adjustment: -$41,794.
Adjusted +$22,315 for 104 sqft more living space and -$16,034 for being older and -$64,811 for no garage. Net adjustment: -$58,530.
Adjusted -$3,433 for 16 sqft less living space and -$41,688 for being older. Net adjustment: -$45,121.
The Neighborhood
This home is valued 25.5% 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 -25.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,990 across all districts. With a homestead exemption claimed, that drops to $2,465 — saving $1,525 per year. That's $205 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% | $2,041 |
| Taylor | City | 0.5850% | $1,122 |
| Williamson County | County | 0.3694% | $709 |
| Williamson County FM/Rd | County | 0.0443% | $85 |
| Lower Brushy Creek WCID | Water | 0.0169% | $33 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,990 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $246,474 would pay approximately $1,538 per month (principal and interest only, excluding taxes and insurance).