702 DRAKE LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $197,545 and $253,859, with a best estimate of $207,814. 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
$207,814
$240,987
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 $197,545 and $253,859. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$24,107 for 146 sqft less living space. Net adjustment: -$24,107.
Adjusted -$5,779 for 35 sqft less living space. Net adjustment: -$5,779.
Adjusted -$39,462 for 239 sqft less living space. Net adjustment: -$39,462.
Adjusted -$9,907 for 60 sqft less living space. Net adjustment: -$9,907.
Adjusted -$14,200 for 86 sqft less living space and +$10,080 for being newer. Net adjustment: -$4,120.
The Neighborhood
This home is valued 7.7% above the T520255I - NORTH POINT - SMITH - BOHLS ADDITION median of $223,655. With 288 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 10.0% over the past year.
T520255I - NORTH POINT - SMITH - BOHLS ADDITION
typicalThis home is +7.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,011 across all districts. With a homestead exemption claimed, that drops to $3,478 — saving $1,533 per year. That's $290 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% | $2,564 |
| Taylor | City | 0.5850% | $1,410 |
| Williamson County | County | 0.3694% | $890 |
| Williamson County FM/Rd | County | 0.0443% | $107 |
| Lower Brushy Creek WCID | Water | 0.0169% | $41 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,011 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $207,814 would pay approximately $1,297 per month (principal and interest only, excluding taxes and insurance).