1506 PRATHER ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $157,366 and $272,477, with a best estimate of $197,992. That places the property below the T516346I - SOUTH OF LAKE DR WEST OF 95 median of $212,609, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$197,992
$166,120
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T516346I - SOUTH OF LAKE DR WEST OF 95, this home's estimated market value is between $157,366 and $272,477. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$28,212 for 160 sqft more living space and +$10,456 for being newer. Net adjustment: +$38,668.
Adjusted +$39,850 for 226 sqft more living space. Net adjustment: +$39,850.
Adjusted +$33,149 for 188 sqft more living space. Net adjustment: +$33,149.
Adjusted +$30,328 for 172 sqft more living space and +$10,456 for being newer. Net adjustment: +$40,784.
Adjusted -$12,343 for 70 sqft less living space. Net adjustment: -$12,343.
The Neighborhood
This home is valued 21.9% below the T516346I - SOUTH OF LAKE DR WEST OF 95 median of $212,609. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
T516346I - SOUTH OF LAKE DR WEST OF 95
below averageThis home is -21.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,455 across all districts. With a homestead exemption claimed, that drops to $1,935 — saving $1,520 per year. That's $161 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% | $1,767 |
| Taylor | City | 0.5850% | $972 |
| Williamson County | County | 0.3694% | $614 |
| Williamson County FM/Rd | County | 0.0443% | $74 |
| Lower Brushy Creek WCID | Water | 0.0169% | $28 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,455 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $197,992 would pay approximately $1,236 per month (principal and interest only, excluding taxes and insurance).