705 OTIS ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $145,083 and $222,368, with a best estimate of $160,361. 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
$160,361
$160,779
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 $145,083 and $222,368 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$17,791 for 106 sqft more living space and +$9,107 for being newer. Net adjustment: +$26,898.
Adjusted -$15,777 for 94 sqft less living space and +$54,640 for being newer. Net adjustment: +$38,863.
Adjusted +$9,231 for 55 sqft more living space and +$54,640 for being newer. Net adjustment: +$63,871.
Adjusted +$20,309 for 121 sqft more living space and +$31,873 for being newer. Net adjustment: +$52,182.
Adjusted -$11,078 for 66 sqft less living space and +$2,277 for being newer. Net adjustment: -$8,801.
The Neighborhood
This home is valued 33.5% 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 -33.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,343 across all districts. With a homestead exemption claimed, that drops to $1,824 — saving $1,519 per year. That's $152 per month a buyer should budget. The assessed value increased -5.2% vs the subdivision average of -11.4%. This above-average increase gives a protest opportunity score of 31 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Taylor ISD | School | 1.0638% | $1,710 |
| Taylor | City | 0.5850% | $941 |
| Williamson County | County | 0.3694% | $594 |
| Williamson County FM/Rd | County | 0.0443% | $71 |
| Lower Brushy Creek WCID | Water | 0.0169% | $27 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,343 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $160,361 would pay approximately $1,001 per month (principal and interest only, excluding taxes and insurance).