714 W LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $129,498 and $340,419, with a best estimate of $189,090. That places the property below the T541 - H1 & H2 median of $191,238, in a neighborhood that declined 12.0% over the past year.
Estimated Value Range
$189,090
$153,680
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $129,498 and $340,419. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$627 for 4 sqft more living space and -$1,535 for being older. Net adjustment: -$908.
Adjusted -$97,212 for 620 sqft less living space and -$768 for being older. Net adjustment: -$97,980.
Adjusted -$52,996 for 338 sqft less living space and -$2,303 for being older. Net adjustment: -$55,299.
Adjusted -$36,062 for 230 sqft less living space and +$2,303 for being newer. Net adjustment: -$33,759.
Adjusted -$267,489 for 1,706 sqft less living space. Net adjustment: -$267,489.
The Neighborhood
This home is valued 19.6% below the T541 - H1 & H2 median of $191,238. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 12.0% over the past year.
T541 - H1 & H2
below averageThis home is -19.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,196 across all districts. With a homestead exemption claimed, that drops to $1,678 — saving $1,518 per year. That's $140 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% | $1,635 |
| Taylor | City | 0.5850% | $899 |
| Williamson County | County | 0.3694% | $568 |
| Williamson County FM/Rd | County | 0.0443% | $68 |
| Lower Brushy Creek WCID | Water | 0.0169% | $26 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,196 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $189,090 would pay approximately $1,180 per month (principal and interest only, excluding taxes and insurance).