1301 WALLACE ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $181,130 and $299,541, with a best estimate of $191,370. That places the property below the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$191,370
$282,954
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in T517364I - NORTH OF LAKE DR WEST OF 95. The estimated range of $181,130 and $299,541 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$5,371 for 32 sqft more living space and -$31,873 for being older. Net adjustment: -$26,502.
Adjusted +$52,702 for 314 sqft more living space and -$31,873 for being older and -$26,028 for no garage. Net adjustment: -$5,199.
Adjusted +$6,378 for 38 sqft more living space and -$68,299 for being older. Net adjustment: -$61,921.
Adjusted +$29,204 for 174 sqft more living space and -$34,150 for being older. Net adjustment: -$4,946.
Adjusted +$89,124 for 531 sqft more living space and -$45,533 for being older and -$26,028 for no garage. Net adjustment: +$17,563.
The Neighborhood
This home is valued 17.0% above the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. With 871 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
above averageThis home is +17.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,884 across all districts. With a homestead exemption claimed, that drops to $4,343 — saving $1,541 per year. That's $362 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% | $3,010 |
| Taylor | City | 0.5850% | $1,655 |
| Williamson County | County | 0.3694% | $1,045 |
| Williamson County FM/Rd | County | 0.0443% | $125 |
| Lower Brushy Creek WCID | Water | 0.0169% | $48 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,884 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $191,370 would pay approximately $1,195 per month (principal and interest only, excluding taxes and insurance).