1301 LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $579,871 and $706,670, with a best estimate of $638,987. That places the property above the T542 - H3-H5 median of $362,038, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$638,987
$545,975
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T542 - H3-H5, this home's estimated market value is between $579,871 and $706,670. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$121,443 for 566 sqft more living space and -$16,034 for being older. Net adjustment: +$105,409.
Adjusted +$45,488 for 212 sqft more living space and +$16,034 for being newer. Net adjustment: +$61,522.
Adjusted +$100,201 for 467 sqft more living space and +$16,034 for being newer and -$64,811 for no garage. Net adjustment: +$51,424.
Adjusted +$116,508 for 543 sqft more living space and +$16,034 for being newer. Net adjustment: +$132,542.
Adjusted +$142,685 for 665 sqft more living space and -$32,068 for being older. Net adjustment: +$110,617.
The Neighborhood
This home is valued 50.8% 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 +50.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,354 across all districts. With a homestead exemption claimed, that drops to $9,764 — saving $1,590 per year. That's $814 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% | $5,808 |
| Taylor | City | 0.5850% | $3,194 |
| Williamson County | County | 0.3694% | $2,017 |
| Williamson County FM/Rd | County | 0.0443% | $242 |
| Lower Brushy Creek WCID | Water | 0.0169% | $93 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $11,354 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $638,987 would pay approximately $3,989 per month (principal and interest only, excluding taxes and insurance).