1507 MCLAIN ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $200,274 and $281,063, with a best estimate of $226,908. 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
$226,908
$202,141
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 $200,274 and $281,063. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$21,864 for 124 sqft more living space and +$3,137 for being newer. Net adjustment: +$25,001.
Adjusted +$25,391 for 144 sqft more living space and +$18,821 for being newer. Net adjustment: +$44,212.
Adjusted +$21,864 for 124 sqft more living space and +$3,137 for being newer and -$72,228 for no garage. Net adjustment: -$47,227.
Adjusted +$77,583 for 440 sqft more living space and +$8,365 for being newer and -$21,259 for no pool and -$72,228 for no garage. Net adjustment: -$7,539.
Adjusted +$28,917 for 164 sqft more living space and +$8,365 for being newer and -$72,228 for no garage. Net adjustment: -$34,946.
The Neighborhood
This home is valued 4.9% 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 -4.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,204 across all districts. With a homestead exemption claimed, that drops to $2,677 — saving $1,527 per year. That's $223 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% | $2,150 |
| Taylor | City | 0.5850% | $1,183 |
| Williamson County | County | 0.3694% | $747 |
| Williamson County FM/Rd | County | 0.0443% | $90 |
| Lower Brushy Creek WCID | Water | 0.0169% | $34 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,204 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $226,908 would pay approximately $1,416 per month (principal and interest only, excluding taxes and insurance).