1020 LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $468,768 and $767,798, with a best estimate of $574,016. 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
$574,016
$745,276
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T542 - H3-H5, this home's estimated market value is between $468,768 and $767,798. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$63,726 for 297 sqft less living space and +$41,688 for being newer. Net adjustment: -$22,038.
Adjusted -$340,728 for 1,588 sqft less living space and +$25,654 for being newer. Net adjustment: -$315,074.
Adjusted -$61,151 for 285 sqft less living space and +$25,654 for being newer. Net adjustment: -$35,497.
Adjusted -$89,902 for 419 sqft less living space and +$89,790 for being newer. Net adjustment: -$112.
Adjusted +$153,628 for 716 sqft more living space and +$25,654 for being newer. Net adjustment: +$179,282.
The Neighborhood
This home is valued 105.9% 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
outlier highThis home is +105.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,871 across all districts. With a homestead exemption claimed, that drops to $13,250 — saving $1,621 per year. That's $1,104 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% | $7,607 |
| Taylor | City | 0.5850% | $4,183 |
| Williamson County | County | 0.3694% | $2,642 |
| Williamson County FM/Rd | County | 0.0443% | $317 |
| Lower Brushy Creek WCID | Water | 0.0169% | $121 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $14,871 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $574,016 would pay approximately $3,583 per month (principal and interest only, excluding taxes and insurance).