1318 WALLACE ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $87,866 and $221,860, with a best estimate of $135,567. That places the property below 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
$135,567
$236,245
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in T517364I - NORTH OF LAKE DR WEST OF 95. The estimated range of $87,866 and $221,860 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$2,685 for 16 sqft more living space and +$11,383 for being newer. Net adjustment: +$14,068.
Adjusted +$27,694 for 165 sqft more living space and +$11,383 for being newer. Net adjustment: +$39,077.
Adjusted -$22,155 for 132 sqft less living space and -$11,383 for being older. Net adjustment: -$33,538.
Adjusted -$35,415 for 211 sqft less living space and +$11,383 for being newer. Net adjustment: -$24,032.
Adjusted +$38,771 for 231 sqft more living space and -$11,383 for being older. Net adjustment: +$27,388.
The Neighborhood
This home is valued 2.3% below the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
typicalThis home is -2.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,913 across all districts. With a homestead exemption claimed, that drops to $3,380 — saving $1,533 per year. That's $282 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% | $2,513 |
| Taylor | City | 0.5850% | $1,382 |
| Williamson County | County | 0.3694% | $873 |
| Williamson County FM/Rd | County | 0.0443% | $105 |
| Lower Brushy Creek WCID | Water | 0.0169% | $40 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,913 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $135,567 would pay approximately $846 per month (principal and interest only, excluding taxes and insurance).