1601 LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $193,297 and $584,612, with a best estimate of $252,889. 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
$252,889
$318,248
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $193,297 and $584,612. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$34,181 for 218 sqft less living space. Net adjustment: -$34,181.
Adjusted -$54,878 for 350 sqft less living space and -$1,075 for being older. Net adjustment: -$55,953.
Adjusted -$3,136 for 20 sqft less living space and -$768 for being older. Net adjustment: -$3,904.
Adjusted +$10,035 for 64 sqft more living space and -$1,535 for being older. Net adjustment: +$8,500.
Adjusted -$204,458 for 1,304 sqft less living space and +$768 for being newer. Net adjustment: -$203,690.
The Neighborhood
This home is valued 66.4% 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 +66.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,618 across all districts. With a homestead exemption claimed, that drops to $5,070 — saving $1,548 per year. That's $423 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% | $3,386 |
| Taylor | City | 0.5850% | $1,862 |
| Williamson County | County | 0.3694% | $1,176 |
| Williamson County FM/Rd | County | 0.0443% | $141 |
| Lower Brushy Creek WCID | Water | 0.0169% | $54 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $6,618 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $252,889 would pay approximately $1,579 per month (principal and interest only, excluding taxes and insurance).