1405 WALLACE ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $148,192 and $243,536, with a best estimate of $176,636. That places the property below the T520255I - NORTH POINT - SMITH - BOHLS ADDITION median of $223,655, in a neighborhood that declined 10.0% over the past year.
Estimated Value Range
$176,636
$179,411
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 $148,192 and $243,536. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$13,209 for 80 sqft more living space and -$2,016 for being older. Net adjustment: +$11,193.
Adjusted -$14,035 for 85 sqft less living space and -$14,112 for being older and -$12,970 for no garage. Net adjustment: -$41,117.
Adjusted +$63,404 for 384 sqft more living space and +$4,032 for being newer. Net adjustment: +$67,436.
Adjusted +$31,372 for 190 sqft more living space and -$20,160 for being older. Net adjustment: +$11,212.
Adjusted +$30,381 for 184 sqft more living space and +$10,080 for being newer. Net adjustment: +$40,461.
The Neighborhood
This home is valued 19.8% below the T520255I - NORTH POINT - SMITH - BOHLS ADDITION median of $223,655. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 10.0% over the past year.
T520255I - NORTH POINT - SMITH - BOHLS ADDITION
below averageThis home is -19.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,731 across all districts. With a homestead exemption claimed, that drops to $2,208 — saving $1,523 per year. That's $184 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% | $1,909 |
| Taylor | City | 0.5850% | $1,050 |
| Williamson County | County | 0.3694% | $663 |
| Williamson County FM/Rd | County | 0.0443% | $80 |
| Lower Brushy Creek WCID | Water | 0.0169% | $30 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,731 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $176,636 would pay approximately $1,103 per month (principal and interest only, excluding taxes and insurance).