2205 LATHAN LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $294,215 and $337,143, with a best estimate of $312,225. That places the property above 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
$312,225
$297,021
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 $294,215 and $337,143. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$24,673 for 147 sqft less living space and -$11,383 for being older. Net adjustment: -$36,056.
Adjusted +$12,085 for 72 sqft more living space and -$11,383 for being older. Net adjustment: +$702.
Adjusted +$37,932 for 226 sqft more living space and +$22,766 for being newer. Net adjustment: +$60,698.
Adjusted -$2,182 for 13 sqft less living space and -$11,383 for being older. Net adjustment: -$13,565.
Adjusted +$59,416 for 354 sqft more living space and -$11,383 for being older. Net adjustment: +$48,033.
The Neighborhood
This home is valued 22.8% above the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. With 871 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
above averageThis home is +22.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,177 across all districts. With a homestead exemption claimed, that drops to $4,632 — saving $1,545 per year. That's $386 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% | $3,160 |
| Taylor | City | 0.5850% | $1,738 |
| Williamson County | County | 0.3694% | $1,097 |
| Williamson County FM/Rd | County | 0.0443% | $132 |
| Lower Brushy Creek WCID | Water | 0.0169% | $50 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $6,177 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $312,225 would pay approximately $1,949 per month (principal and interest only, excluding taxes and insurance).