518 W 12TH ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $194,432 and $575,135, with a best estimate of $297,445. That places the property above the T541 - H1 & H2 median of $191,238, in a neighborhood that declined 12.0% over the past year.
Estimated Value Range
$297,445
$339,736
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $194,432 and $575,135. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$3,763 for 24 sqft more living space and -$1,075 for being older. Net adjustment: +$2,688.
Adjusted +$26,968 for 172 sqft more living space and -$1,075 for being older and -$36,603 for no garage. Net adjustment: -$10,710.
Adjusted +$5,645 for 36 sqft more living space and +$461 for being newer. Net adjustment: +$6,106.
Adjusted +$8,153 for 52 sqft more living space and -$2,303 for being older. Net adjustment: +$5,850.
Adjusted +$52,055 for 332 sqft more living space and -$1,075 for being older. Net adjustment: +$50,980.
The Neighborhood
This home is valued 77.7% above the T541 - H1 & H2 median of $191,238. With 634 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 12.0% over the past year.
T541 - H1 & H2
outlier highThis home is +77.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,274 across all districts. With a homestead exemption claimed, that drops to $3,738 — saving $1,536 per year. That's $312 per month a buyer should budget. The assessed value increased -0.6% vs the subdivision average of -12.0%. This above-average increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Taylor ISD | School | 1.0638% | $2,698 |
| Taylor | City | 0.5850% | $1,484 |
| Williamson County | County | 0.3694% | $937 |
| Williamson County FM/Rd | County | 0.0443% | $112 |
| Lower Brushy Creek WCID | Water | 0.0169% | $43 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,274 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $297,445 would pay approximately $1,857 per month (principal and interest only, excluding taxes and insurance).