1523 LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $238,614 and $406,397, with a best estimate of $301,150. That places the property below the T542 - H3-H5 median of $362,038, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$301,150
$495,492
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 $238,614 and $406,397. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$146,762 for 684 sqft less living space and -$48,102 for being older. Net adjustment: -$194,864.
Adjusted -$168,004 for 783 sqft less living space and -$16,034 for being older and -$64,811 for no garage. Net adjustment: -$248,849.
Adjusted -$122,945 for 573 sqft less living space and -$80,170 for being older. Net adjustment: -$203,115.
Adjusted -$151,697 for 707 sqft less living space and -$16,034 for being older. Net adjustment: -$167,731.
Adjusted +$21,027 for 98 sqft more living space and -$86,583 for being older. Net adjustment: -$65,556.
The Neighborhood
This home is valued 36.9% above the T542 - H3-H5 median of $362,038. With 314 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.9% over the past year.
T542 - H3-H5
above averageThis home is +36.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,304 across all districts. With a homestead exemption claimed, that drops to $8,723 — saving $1,581 per year. That's $727 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% | $5,271 |
| Taylor | City | 0.5850% | $2,899 |
| Williamson County | County | 0.3694% | $1,831 |
| Williamson County FM/Rd | County | 0.0443% | $220 |
| Lower Brushy Creek WCID | Water | 0.0169% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $10,304 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $301,150 would pay approximately $1,880 per month (principal and interest only, excluding taxes and insurance).