118 ROYAL ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $286,597 and $439,783, with a best estimate of $384,520. That places the property above the T501D29I - Cty Taylor South Various median of $135,855, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$384,520
$259,717
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T501D29I - Cty Taylor South Various, this home's estimated market value is between $286,597 and $439,783. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$52,469 for 372 sqft less living space and -$1,729 for being older and +$149,142 for having a garage. Net adjustment: +$94,944.
Adjusted +$21,157 for 150 sqft more living space and +$149,142 for having a garage. Net adjustment: +$170,299.
Adjusted +$37,659 for 267 sqft more living space and +$8,643 for being newer and +$149,142 for having a garage. Net adjustment: +$195,444.
Adjusted -$1,128 for 8 sqft less living space and +$149,142 for having a garage. Net adjustment: +$148,014.
Adjusted -$121,723 for 863 sqft less living space and +$1,729 for being newer. Net adjustment: -$119,994.
The Neighborhood
This home is valued 91.2% above the T501D29I - Cty Taylor South Various median of $135,855. With 487 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.7% over the past year.
T501D29I - Cty Taylor South Various
outlier highThis home is +91.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,401 across all districts. With a homestead exemption claimed, that drops to $3,864 — saving $1,537 per year. That's $322 per month a buyer should budget. The assessed value increased +19.2% vs the subdivision average of -3.7%. This above-average increase gives a protest opportunity score of 85 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Taylor ISD | School | 1.0638% | $2,763 |
| Taylor | City | 0.5850% | $1,519 |
| Williamson County | County | 0.3694% | $960 |
| Williamson County FM/Rd | County | 0.0443% | $115 |
| Lower Brushy Creek WCID | Water | 0.0169% | $44 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,401 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $384,520 would pay approximately $2,400 per month (principal and interest only, excluding taxes and insurance).