2503 MEADOW LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $240,913 and $320,490, with a best estimate of $262,060. That places the property below the T530386D - MALLARD PARK & HIDDEN MEADOW median of $281,196, in a neighborhood that declined 11.0% over the past year.
Estimated Value Range
$262,060
$256,813
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in T530386D - MALLARD PARK & HIDDEN MEADOW. The estimated range of $240,913 and $320,490 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$18,810 for 101 sqft more living space and -$8,417 for being older. Net adjustment: +$10,393.
Adjusted +$19,369 for 104 sqft more living space and -$6,313 for being older. Net adjustment: +$13,056.
Adjusted -$21,604 for 116 sqft less living space and -$6,313 for being older. Net adjustment: -$27,917.
Adjusted -$40,228 for 216 sqft less living space and +$4,209 for being newer. Net adjustment: -$36,019.
Adjusted +$22,163 for 119 sqft more living space and -$6,313 for being older. Net adjustment: +$15,850.
The Neighborhood
This home is valued 8.7% below the T530386D - MALLARD PARK & HIDDEN MEADOW median of $281,196. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.0% over the past year.
T530386D - MALLARD PARK & HIDDEN MEADOW
typicalThis home is -8.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,340 across all districts. With a homestead exemption claimed, that drops to $3,804 — saving $1,536 per year. That's $317 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% | $2,732 |
| Taylor | City | 0.5850% | $1,502 |
| Williamson County | County | 0.3694% | $949 |
| Williamson County FM/Rd | County | 0.0443% | $114 |
| Lower Brushy Creek WCID | Water | 0.0169% | $44 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,340 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $262,060 would pay approximately $1,636 per month (principal and interest only, excluding taxes and insurance).