1309 WALLACE ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $113,605 and $261,471, with a best estimate of $220,377. That places the property below 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
$220,377
$185,520
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in T517364I - NORTH OF LAKE DR WEST OF 95. The estimated range of $113,605 and $261,471 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$17,456 for 104 sqft more living space and -$11,383 for being older. Net adjustment: +$6,073.
Adjusted -$11,078 for 66 sqft less living space and +$22,766 for being newer and -$10,659 for no pool and -$26,028 for no garage. Net adjustment: -$24,999.
Adjusted -$4,028 for 24 sqft less living space and -$47,810 for being older. Net adjustment: -$51,838.
Adjusted +$4,196 for 25 sqft more living space and +$11,383 for being newer. Net adjustment: +$15,579.
Adjusted -$46,660 for 278 sqft less living space and +$11,383 for being newer. Net adjustment: -$35,277.
The Neighborhood
This home is valued 23.3% 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
below averageThis home is -23.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,858 across all districts. With a homestead exemption claimed, that drops to $2,334 — saving $1,524 per year. That's $195 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% | $1,974 |
| Taylor | City | 0.5850% | $1,085 |
| Williamson County | County | 0.3694% | $685 |
| 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% | $3,858 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $220,377 would pay approximately $1,376 per month (principal and interest only, excluding taxes and insurance).