2202 LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $196,662 and $303,986, with a best estimate of $285,443. 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
$285,443
$327,849
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 $196,662 and $303,986. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$6,714 for 40 sqft less living space and -$4,553 for being older. Net adjustment: -$11,267.
Adjusted +$7,889 for 47 sqft more living space and -$4,553 for being older. Net adjustment: +$3,336.
Adjusted -$98,019 for 584 sqft less living space and +$2,277 for being newer. Net adjustment: -$95,742.
Adjusted -$130,245 for 776 sqft less living space and -$9,107 for being older and +$26,028 for having a garage. Net adjustment: -$113,324.
Adjusted -$119,000 for 709 sqft less living space and +$31,873 for being newer. Net adjustment: -$87,127.
The Neighborhood
This home is valued 35.5% 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 +35.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,818 across all districts. With a homestead exemption claimed, that drops to $5,268 — saving $1,550 per year. That's $439 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% | $3,488 |
| Taylor | City | 0.5850% | $1,918 |
| Williamson County | County | 0.3694% | $1,211 |
| Williamson County FM/Rd | County | 0.0443% | $145 |
| Lower Brushy Creek WCID | Water | 0.0169% | $56 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $6,818 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $285,443 would pay approximately $1,782 per month (principal and interest only, excluding taxes and insurance).