707 DRAKE LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $204,081 and $245,107, with a best estimate of $212,381. That places the property below the T520255I - NORTH POINT - SMITH - BOHLS ADDITION median of $223,655, in a neighborhood that declined 10.0% over the past year.
Estimated Value Range
$212,381
$201,665
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T520255I - NORTH POINT - SMITH - BOHLS ADDITION, this home's estimated market value is between $204,081 and $245,107. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$9,907 for 60 sqft less living space and -$10,080 for being older. Net adjustment: -$19,987.
Adjusted +$8,421 for 51 sqft more living space and -$10,080 for being older. Net adjustment: -$1,659.
Adjusted +$4,293 for 26 sqft more living space and -$10,080 for being older. Net adjustment: -$5,787.
Adjusted +$14,200 for 86 sqft more living space and -$10,080 for being older. Net adjustment: +$4,120.
Adjusted +$16,181 for 98 sqft more living space and -$10,080 for being older. Net adjustment: +$6,101.
The Neighborhood
This home is valued 9.8% below the T520255I - NORTH POINT - SMITH - BOHLS ADDITION median of $223,655. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 10.0% over the past year.
T520255I - NORTH POINT - SMITH - BOHLS ADDITION
typicalThis home is -9.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,194 across all districts. With a homestead exemption claimed, that drops to $2,667 — saving $1,527 per year. That's $222 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% | $2,145 |
| Taylor | City | 0.5850% | $1,180 |
| Williamson County | County | 0.3694% | $745 |
| Williamson County FM/Rd | County | 0.0443% | $89 |
| Lower Brushy Creek WCID | Water | 0.0169% | $34 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,194 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $212,381 would pay approximately $1,326 per month (principal and interest only, excluding taxes and insurance).