2602 SMITH AVE, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $159,332 and $193,258, with a best estimate of $178,161. That places the property below the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$178,161
$191,599
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T517364I - NORTH OF LAKE DR WEST OF 95, this home's estimated market value is between $159,332 and $193,258. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$50,185 for 299 sqft less living space and -$15,937 for being older. Net adjustment: -$66,122.
Adjusted -$44,982 for 268 sqft less living space. Net adjustment: -$44,982.
Adjusted -$31,554 for 188 sqft less living space. Net adjustment: -$31,554.
Adjusted -$39,443 for 235 sqft less living space and -$4,553 for being older. Net adjustment: -$43,996.
Adjusted -$53,541 for 319 sqft less living space. Net adjustment: -$53,541.
The Neighborhood
This home is valued 20.8% below the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
below averageThis home is -20.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,984 across all districts. With a homestead exemption claimed, that drops to $2,460 — saving $1,524 per year. That's $205 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% | $2,038 |
| Taylor | City | 0.5850% | $1,121 |
| Williamson County | County | 0.3694% | $708 |
| Williamson County FM/Rd | County | 0.0443% | $85 |
| Lower Brushy Creek WCID | Water | 0.0169% | $32 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,984 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $178,161 would pay approximately $1,112 per month (principal and interest only, excluding taxes and insurance).