209 DRAKE LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $221,514 and $274,698, with a best estimate of $247,454. That places the property above the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$247,454
$233,553
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T517364I - NORTH OF LAKE DR WEST OF 95, this home's estimated market value is between $221,514 and $274,698. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$3,021 for 18 sqft more living space. Net adjustment: +$3,021.
Adjusted +$16,448 for 98 sqft more living space and -$31,873 for being older. Net adjustment: -$15,425.
Adjusted +$18,630 for 111 sqft more living space and +$2,277 for being newer. Net adjustment: +$20,907.
Adjusted -$54,045 for 322 sqft less living space and +$9,107 for being newer. Net adjustment: -$44,938.
Adjusted -$19,805 for 118 sqft less living space and -$2,277 for being older. Net adjustment: -$22,082.
The Neighborhood
This home is valued 3.5% below the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
typicalThis home is -3.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,857 across all districts. With a homestead exemption claimed, that drops to $3,324 — saving $1,533 per year. That's $277 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% | $2,485 |
| Taylor | City | 0.5850% | $1,366 |
| Williamson County | County | 0.3694% | $863 |
| Williamson County FM/Rd | County | 0.0443% | $104 |
| Lower Brushy Creek WCID | Water | 0.0169% | $40 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,857 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $247,454 would pay approximately $1,545 per month (principal and interest only, excluding taxes and insurance).