516 7TH ST W, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $251,475 and $683,060, with a best estimate of $351,337. 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
$351,337
$626,592
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $251,475 and $683,060. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$79,389 for 370 sqft more living space. Net adjustment: +$79,389.
Adjusted +$81,963 for 382 sqft more living space and +$32,068 for being newer. Net adjustment: +$114,031.
Adjusted +$127,880 for 596 sqft more living space and -$64,811 for no garage. Net adjustment: +$63,069.
Adjusted +$111,144 for 518 sqft more living space and -$64,811 for no garage. Net adjustment: +$46,333.
Adjusted +$85,396 for 398 sqft more living space and -$25,654 for being older. Net adjustment: +$59,742.
The Neighborhood
This home is valued 73.1% 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
outlier highThis home is +73.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,631 across all districts. With a homestead exemption claimed, that drops to $10,039 — saving $1,592 per year. That's $837 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% | $5,950 |
| Taylor | City | 0.5850% | $3,272 |
| Williamson County | County | 0.3694% | $2,066 |
| Williamson County FM/Rd | County | 0.0443% | $248 |
| Lower Brushy Creek WCID | Water | 0.0169% | $95 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $11,631 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $351,337 would pay approximately $2,193 per month (principal and interest only, excluding taxes and insurance).