2305 LATHAN LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $307,781 and $353,191, with a best estimate of $310,586. That places the property above the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$310,586
$325,790
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T517364I - NORTH OF LAKE DR WEST OF 95, this home's estimated market value is between $307,781 and $353,191. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$66,297 for 395 sqft more living space and -$22,766 for being older. Net adjustment: +$43,531.
Adjusted -$22,491 for 134 sqft less living space. Net adjustment: -$22,491.
Adjusted +$14,267 for 85 sqft more living space. Net adjustment: +$14,267.
Adjusted +$2,182 for 13 sqft more living space and +$11,383 for being newer. Net adjustment: +$13,565.
Adjusted +$40,114 for 239 sqft more living space and +$34,150 for being newer. Net adjustment: +$74,264.
The Neighborhood
This home is valued 34.7% above the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. With 871 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
above averageThis home is +34.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,775 across all districts. With a homestead exemption claimed, that drops to $5,225 — saving $1,550 per year. That's $435 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% | $3,466 |
| Taylor | City | 0.5850% | $1,906 |
| Williamson County | County | 0.3694% | $1,204 |
| Williamson County FM/Rd | County | 0.0443% | $144 |
| Lower Brushy Creek WCID | Water | 0.0169% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $6,775 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $310,586 would pay approximately $1,939 per month (principal and interest only, excluding taxes and insurance).