2308 LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $207,929 and $339,116, with a best estimate of $308,317. 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
$308,317
$296,710
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 $207,929 and $339,116. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$123,531 for 736 sqft less living space and -$4,553 for being older and +$26,028 for having a garage. Net adjustment: -$102,056.
Adjusted +$14,602 for 87 sqft more living space. Net adjustment: +$14,602.
Adjusted -$91,306 for 544 sqft less living space and +$6,830 for being newer. Net adjustment: -$84,476.
Adjusted +$6,714 for 40 sqft more living space and +$4,553 for being newer. Net adjustment: +$11,267.
Adjusted -$112,286 for 669 sqft less living space and +$36,426 for being newer. Net adjustment: -$75,860.
The Neighborhood
This home is valued 22.7% above the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. With 871 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
above averageThis home is +22.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,170 across all districts. With a homestead exemption claimed, that drops to $4,626 — saving $1,544 per year. That's $386 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% | $3,156 |
| Taylor | City | 0.5850% | $1,736 |
| Williamson County | County | 0.3694% | $1,096 |
| Williamson County FM/Rd | County | 0.0443% | $132 |
| Lower Brushy Creek WCID | Water | 0.0169% | $50 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $6,170 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $308,317 would pay approximately $1,925 per month (principal and interest only, excluding taxes and insurance).