502 MARTIN LUTHER KING JR BLVD, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $-76,279 and $232,372, with a best estimate of $73,993. That places the property below the T501D29I - Cty Taylor South Various median of $135,855, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$73,993
$78,824
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T501D29I - Cty Taylor South Various, this home's estimated market value is between $-76,279 and $232,372. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$8,463 for 60 sqft less living space. Net adjustment: -$8,463.
Adjusted -$114,248 for 810 sqft less living space and +$8,643 for being newer. Net adjustment: -$105,605.
Adjusted -$7,899 for 56 sqft less living space and +$25,929 for being newer. Net adjustment: +$18,030.
Adjusted -$34,415 for 244 sqft less living space and -$17,286 for being older. Net adjustment: -$51,701.
Adjusted -$212,134 for 1,504 sqft less living space. Net adjustment: -$212,134.
The Neighborhood
This home is valued 42.0% below the T501D29I - Cty Taylor South Various median of $135,855. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.7% over the past year.
T501D29I - Cty Taylor South Various
below averageThis home is -42.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,639 across all districts. With a homestead exemption claimed, that drops to $782 — saving $857 per year. That's $65 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% | $839 |
| Taylor | City | 0.5850% | $461 |
| Williamson County | County | 0.3694% | $291 |
| Williamson County FM/Rd | County | 0.0443% | $35 |
| Lower Brushy Creek WCID | Water | 0.0169% | $13 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $1,639 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $73,993 would pay approximately $462 per month (principal and interest only, excluding taxes and insurance).