706 OTIS ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $80,646 and $234,714, with a best estimate of $165,570. 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
$165,570
$112,098
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in T517364I - NORTH OF LAKE DR WEST OF 95. The estimated range of $80,646 and $234,714 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$30,379 for 181 sqft more living space and +$34,150 for being newer. Net adjustment: +$64,529.
Adjusted +$19,302 for 115 sqft more living space and +$56,916 for being newer. Net adjustment: +$76,218.
Adjusted -$33,568 for 200 sqft less living space and -$22,766 for being older. Net adjustment: -$56,334.
Adjusted -$5,707 for 34 sqft less living space and +$56,916 for being newer. Net adjustment: +$51,209.
Adjusted -$52,031 for 310 sqft less living space and -$2,277 for being older. Net adjustment: -$54,308.
The Neighborhood
This home is valued 53.7% 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
outlier lowThis home is -53.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,035 across all districts. With a homestead exemption claimed, that drops to $975 — saving $1,060 per year. That's $81 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% | $1,041 |
| Taylor | City | 0.5850% | $572 |
| Williamson County | County | 0.3694% | $362 |
| Williamson County FM/Rd | County | 0.0443% | $43 |
| Lower Brushy Creek WCID | Water | 0.0169% | $17 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $2,035 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $165,570 would pay approximately $1,033 per month (principal and interest only, excluding taxes and insurance).