1514 W LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $469,203 and $600,390, with a best estimate of $538,451. 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
$538,451
$533,370
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 $469,203 and $600,390. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$205,102 for 1,222 sqft more living space and -$2,277 for being older and -$26,028 for no garage. Net adjustment: +$176,797.
Adjusted +$82,578 for 492 sqft more living space and +$50,086 for being newer and -$26,028 for no garage. Net adjustment: +$106,636.
Adjusted +$184,122 for 1,097 sqft more living space and +$27,320 for being newer and -$26,028 for no garage. Net adjustment: +$185,414.
Adjusted +$172,877 for 1,030 sqft more living space and -$13,660 for being older. Net adjustment: +$159,217.
Adjusted +$303,122 for 1,806 sqft more living space and -$4,553 for being older and -$26,028 for no garage. Net adjustment: +$272,541.
The Neighborhood
This home is valued 120.5% 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
outlier highThis home is +120.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,092 across all districts. With a homestead exemption claimed, that drops to $9,504 — saving $1,588 per year. That's $792 per month a buyer should budget. The assessed value increased +7.8% vs the subdivision average of -11.4%. This above-average increase gives a protest opportunity score of 65 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Taylor ISD | School | 1.0638% | $5,674 |
| Taylor | City | 0.5850% | $3,120 |
| Williamson County | County | 0.3694% | $1,971 |
| Williamson County FM/Rd | County | 0.0443% | $236 |
| Lower Brushy Creek WCID | Water | 0.0169% | $90 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $11,092 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $538,451 would pay approximately $3,361 per month (principal and interest only, excluding taxes and insurance).