2311 LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $208,979 and $576,113, with a best estimate of $244,389. That places the property above the T541 - H1 & H2 median of $191,238, in a neighborhood that declined 12.0% over the past year.
Estimated Value Range
$244,389
$357,467
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $208,979 and $576,113. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$53,623 for 342 sqft more living space and +$768 for being newer. Net adjustment: +$54,391.
Adjusted -$44,216 for 282 sqft less living space and +$1,535 for being newer. Net adjustment: -$42,681.
Adjusted +$52,996 for 338 sqft more living space and +$2,303 for being newer. Net adjustment: +$55,299.
Adjusted -$13,171 for 84 sqft less living space and +$768 for being newer. Net adjustment: -$12,403.
Adjusted -$64,912 for 414 sqft less living space and +$461 for being newer. Net adjustment: -$64,451.
The Neighborhood
This home is valued 86.9% above the T541 - H1 & H2 median of $191,238. With 634 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 12.0% over the past year.
T541 - H1 & H2
outlier highThis home is +86.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,434 across all districts. With a homestead exemption claimed, that drops to $5,878 — saving $1,556 per year. That's $490 per month a buyer should budget. The assessed value increased -3.9% vs the subdivision average of -12.0%. This above-average increase gives a protest opportunity score of 41 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Taylor ISD | School | 1.0638% | $3,803 |
| Taylor | City | 0.5850% | $2,091 |
| Williamson County | County | 0.3694% | $1,321 |
| Williamson County FM/Rd | County | 0.0443% | $158 |
| Lower Brushy Creek WCID | Water | 0.0169% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $7,434 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $244,389 would pay approximately $1,525 per month (principal and interest only, excluding taxes and insurance).