1508 MCLAIN ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $194,024 and $275,116, with a best estimate of $245,727. That places the property above the T516346I - SOUTH OF LAKE DR WEST OF 95 median of $212,609, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$245,727
$207,813
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T516346I - SOUTH OF LAKE DR WEST OF 95, this home's estimated market value is between $194,024 and $275,116. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$4,584 for 26 sqft less living space and -$31,369 for being older and +$21,259 for having a pool. Net adjustment: -$14,694.
Adjusted +$9,874 for 56 sqft more living space and +$10,456 for being newer and +$21,259 for having a pool and +$72,228 for having a garage. Net adjustment: +$113,817.
Adjusted -$52,192 for 296 sqft less living space and +$10,456 for being newer and +$21,259 for having a pool and +$72,228 for having a garage. Net adjustment: +$51,751.
Adjusted +$30,152 for 171 sqft more living space and -$20,913 for being older and +$72,228 for having a garage. Net adjustment: +$81,467.
Adjusted -$55,719 for 316 sqft less living space and -$5,228 for being older and +$21,259 for having a pool and +$72,228 for having a garage. Net adjustment: +$32,540.
The Neighborhood
This home is valued 2.3% below the T516346I - SOUTH OF LAKE DR WEST OF 95 median of $212,609. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
T516346I - SOUTH OF LAKE DR WEST OF 95
typicalThis home is -2.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,322 across all districts. With a homestead exemption claimed, that drops to $2,794 — saving $1,528 per year. That's $233 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% | $2,211 |
| Taylor | City | 0.5850% | $1,216 |
| Williamson County | County | 0.3694% | $768 |
| Williamson County FM/Rd | County | 0.0443% | $92 |
| Lower Brushy Creek WCID | Water | 0.0169% | $35 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,322 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $245,727 would pay approximately $1,534 per month (principal and interest only, excluding taxes and insurance).