516 5TH ST W, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $248,140 and $679,725, with a best estimate of $348,002. That places the property below the T542 - H3-H5 median of $362,038, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$348,002
$438,246
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $248,140 and $679,725. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$43,986 for 205 sqft more living space and +$32,068 for being newer. Net adjustment: +$76,054.
Adjusted +$46,560 for 217 sqft more living space and +$64,136 for being newer. Net adjustment: +$110,696.
Adjusted +$49,993 for 233 sqft more living space and +$6,414 for being newer. Net adjustment: +$56,407.
Adjusted +$92,477 for 431 sqft more living space and +$32,068 for being newer and -$64,811 for no garage. Net adjustment: +$59,734.
Adjusted +$75,741 for 353 sqft more living space and +$32,068 for being newer and -$64,811 for no garage. Net adjustment: +$42,998.
The Neighborhood
This home is valued 21.0% 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
above averageThis home is +21.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $3,833 across all districts. With a homestead exemption claimed, that drops to $2,310 — saving $1,523 per year. That's $193 per month a buyer should budget. The assessed value increased +13.5% vs the subdivision average of -1.9%. This above-average increase gives a protest opportunity score of 80 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Taylor ISD | School | 1.0638% | $1,961 |
| Taylor | City | 0.5850% | $1,078 |
| Williamson County | County | 0.3694% | $681 |
| Williamson County FM/Rd | County | 0.0443% | $82 |
| Lower Brushy Creek WCID | Water | 0.0169% | $31 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,833 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $348,002 would pay approximately $2,172 per month (principal and interest only, excluding taxes and insurance).