1402 SUMMIT CIR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $197,988 and $247,750, with a best estimate of $230,916. 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
$230,916
$204,006
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 $197,988 and $247,750. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$13,092 for 78 sqft more living space and -$13,660 for being older. Net adjustment: -$568.
Adjusted -$2,685 for 16 sqft less living space and -$13,660 for being older. Net adjustment: -$16,345.
Adjusted -$3,693 for 22 sqft less living space and -$2,277 for being older. Net adjustment: -$5,970.
Adjusted +$33,065 for 197 sqft more living space and -$13,660 for being older. Net adjustment: +$19,405.
Adjusted -$168 for 1 sqft less living space and -$13,660 for being older and +$26,028 for having a garage. Net adjustment: +$12,200.
The Neighborhood
This home is valued 15.7% 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 -15.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,242 across all districts. With a homestead exemption claimed, that drops to $2,715 — saving $1,527 per year. That's $226 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% | $2,170 |
| Taylor | City | 0.5850% | $1,193 |
| Williamson County | County | 0.3694% | $754 |
| Williamson County FM/Rd | County | 0.0443% | $90 |
| Lower Brushy Creek WCID | Water | 0.0169% | $35 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,242 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $230,916 would pay approximately $1,441 per month (principal and interest only, excluding taxes and insurance).