511 7TH ST W, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $143,452 and $266,369, with a best estimate of $222,350. That places the property above the T541 - H1 & H2 median of $191,238, in a neighborhood that declined 12.0% over the past year.
Estimated Value Range
$222,350
$243,364
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $143,452 and $266,369. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$43,902 for 280 sqft less living space and -$1,228 for being older. Net adjustment: -$45,130.
Adjusted +$7,212 for 46 sqft more living space and +$1,535 for being newer. Net adjustment: +$8,747.
Adjusted +$40,453 for 258 sqft more living space and +$768 for being newer and -$27,644 for no pool and -$36,603 for no garage. Net adjustment: -$23,026.
Adjusted -$12,857 for 82 sqft less living space and -$36,603 for no garage. Net adjustment: -$49,460.
Adjusted -$25,087 for 160 sqft less living space and -$36,603 for no garage. Net adjustment: -$61,690.
The Neighborhood
This home is valued 27.3% above the T541 - H1 & H2 median of $191,238. With 634 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 12.0% over the past year.
T541 - H1 & H2
above averageThis home is +27.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $3,333 across all districts. With a homestead exemption claimed, that drops to $1,814 — saving $1,519 per year. That's $151 per month a buyer should budget. The assessed value increased -2.0% vs the subdivision average of -12.0%. This above-average increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Taylor ISD | School | 1.0638% | $1,705 |
| Taylor | City | 0.5850% | $937 |
| Williamson County | County | 0.3694% | $592 |
| 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% | $3,333 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $222,350 would pay approximately $1,388 per month (principal and interest only, excluding taxes and insurance).