1316 WALLACE ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $62,354 and $235,892, with a best estimate of $104,747. 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
$104,747
$199,041
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 $62,354 and $235,892 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$7,385 for 44 sqft less living space and -$43,256 for being older and -$26,028 for no garage. Net adjustment: -$76,669.
Adjusted +$9,399 for 56 sqft more living space and -$43,256 for being older. Net adjustment: -$33,857.
Adjusted +$22,155 for 132 sqft more living space and -$43,256 for being older and -$26,028 for no garage. Net adjustment: -$47,129.
Adjusted -$13,092 for 78 sqft less living space and -$68,299 for being older and -$26,028 for no garage. Net adjustment: -$107,419.
Adjusted +$35,079 for 209 sqft more living space and +$34,150 for being newer. Net adjustment: +$69,229.
The Neighborhood
This home is valued 17.7% 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 -17.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,139 across all districts. With a homestead exemption claimed, that drops to $2,613 — saving $1,526 per year. That's $218 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% | $2,117 |
| Taylor | City | 0.5850% | $1,164 |
| Williamson County | County | 0.3694% | $735 |
| Williamson County FM/Rd | County | 0.0443% | $88 |
| Lower Brushy Creek WCID | Water | 0.0169% | $34 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,139 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $104,747 would pay approximately $654 per month (principal and interest only, excluding taxes and insurance).