1311 WALLACE ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $77,795 and $187,503, with a best estimate of $118,358. 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
$118,358
$167,863
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 $77,795 and $187,503 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$32,226 for 192 sqft less living space and -$11,383 for being older. Net adjustment: -$43,609.
Adjusted -$2,685 for 16 sqft less living space and -$40,980 for being older. Net adjustment: -$43,665.
Adjusted +$17,623 for 105 sqft more living space and +$11,383 for being newer. Net adjustment: +$29,006.
Adjusted -$7,385 for 44 sqft less living space and +$11,383 for being newer. Net adjustment: +$3,998.
Adjusted +$26,183 for 156 sqft more living space and -$34,150 for being older. Net adjustment: -$7,967.
The Neighborhood
This home is valued 30.6% 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
below averageThis home is -30.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,491 across all districts. With a homestead exemption claimed, that drops to $1,970 — saving $1,521 per year. That's $164 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% | $1,786 |
| Taylor | City | 0.5850% | $982 |
| Williamson County | County | 0.3694% | $620 |
| Williamson County FM/Rd | County | 0.0443% | $74 |
| Lower Brushy Creek WCID | Water | 0.0169% | $28 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,491 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $118,358 would pay approximately $739 per month (principal and interest only, excluding taxes and insurance).