1515 MCLAIN ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $298,717 and $373,571, with a best estimate of $356,566. 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
$356,566
$164,897
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 $298,717 and $373,571. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$64,006 for 363 sqft less living space and -$2,091 for being older. Net adjustment: -$66,097.
Adjusted +$151,464 for 859 sqft more living space and +$13,593 for being newer. Net adjustment: +$165,057.
Adjusted +$63,125 for 358 sqft more living space and -$4,183 for being older and -$72,228 for no garage. Net adjustment: -$13,286.
Adjusted +$129,599 for 735 sqft more living space and +$10,456 for being newer. Net adjustment: +$140,055.
Adjusted +$150,406 for 853 sqft more living space and +$34,506 for being newer. Net adjustment: +$184,912.
The Neighborhood
This home is valued 22.4% 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
below averageThis home is -22.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,429 across all districts. With a homestead exemption claimed, that drops to $1,909 — saving $1,520 per year. That's $159 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% | $1,754 |
| Taylor | City | 0.5850% | $965 |
| Williamson County | County | 0.3694% | $609 |
| Williamson County FM/Rd | County | 0.0443% | $73 |
| Lower Brushy Creek WCID | Water | 0.0169% | $28 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,429 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $356,566 would pay approximately $2,226 per month (principal and interest only, excluding taxes and insurance).