2005 LATHAN LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $246,507 and $294,877, with a best estimate of $284,378. 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
$284,378
$289,110
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 $246,507 and $294,877. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$47,163 for 281 sqft more living space and +$26,028 for having a garage. Net adjustment: +$73,191.
Adjusted +$12,085 for 72 sqft more living space and +$11,383 for being newer. Net adjustment: +$23,468.
Adjusted +$4,700 for 28 sqft more living space and -$22,766 for being older. Net adjustment: -$18,066.
Adjusted -$84,089 for 501 sqft less living space. Net adjustment: -$84,089.
Adjusted -$47,331 for 282 sqft less living space. Net adjustment: -$47,331.
The Neighborhood
This home is valued 19.5% 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 +19.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,012 across all districts. With a homestead exemption claimed, that drops to $4,469 — saving $1,543 per year. That's $372 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% | $3,076 |
| Taylor | City | 0.5850% | $1,691 |
| Williamson County | County | 0.3694% | $1,068 |
| Williamson County FM/Rd | County | 0.0443% | $128 |
| Lower Brushy Creek WCID | Water | 0.0169% | $49 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $6,012 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $284,378 would pay approximately $1,775 per month (principal and interest only, excluding taxes and insurance).