1220 W LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $449,730 and $688,503, with a best estimate of $654,840. That places the property above the T542 - H3-H5 median of $362,038, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$654,840
$1,106,940
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T542 - H3-H5, this home's estimated market value is between $449,730 and $688,503. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$53,641 for 250 sqft less living space and -$25,654 for being older. Net adjustment: -$79,295.
Adjusted -$117,367 for 547 sqft less living space and +$16,034 for being newer. Net adjustment: -$101,333.
Adjusted +$99,987 for 466 sqft more living space. Net adjustment: +$99,987.
Adjusted -$394,369 for 1,838 sqft less living space. Net adjustment: -$394,369.
Adjusted +$8,153 for 38 sqft more living space and +$80,170 for being newer. Net adjustment: +$88,323.
The Neighborhood
This home is valued 205.8% above the T542 - H3-H5 median of $362,038. With 314 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.9% over the past year.
T542 - H3-H5
outlier highThis home is +205.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $20,105 across all districts. With a homestead exemption claimed, that drops to $18,437 — saving $1,668 per year. That's $1,536 per month a buyer should budget. The assessed value increased +9.1% vs the subdivision average of -1.9%. This above-average increase gives a protest opportunity score of 70 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Taylor ISD | School | 1.0638% | $10,285 |
| Taylor | City | 0.5850% | $5,656 |
| Williamson County | County | 0.3694% | $3,572 |
| Williamson County FM/Rd | County | 0.0443% | $429 |
| Lower Brushy Creek WCID | Water | 0.0169% | $164 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $20,105 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $654,840 would pay approximately $4,087 per month (principal and interest only, excluding taxes and insurance).