703 DRAKE LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $203,324 and $259,638, with a best estimate of $213,593. That places the property below the T520255I - NORTH POINT - SMITH - BOHLS ADDITION median of $223,655, in a neighborhood that declined 10.0% over the past year.
Estimated Value Range
$213,593
$246,713
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T520255I - NORTH POINT - SMITH - BOHLS ADDITION, this home's estimated market value is between $203,324 and $259,638. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$18,328 for 111 sqft less living space. Net adjustment: -$18,328.
Adjusted -$33,683 for 204 sqft less living space. Net adjustment: -$33,683.
Adjusted -$4,128 for 25 sqft less living space. Net adjustment: -$4,128.
Adjusted -$8,421 for 51 sqft less living space and +$10,080 for being newer. Net adjustment: +$1,659.
Adjusted +$5,779 for 35 sqft more living space. Net adjustment: +$5,779.
The Neighborhood
This home is valued 10.3% above the T520255I - NORTH POINT - SMITH - BOHLS ADDITION median of $223,655. With 288 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 10.0% over the past year.
T520255I - NORTH POINT - SMITH - BOHLS ADDITION
typicalThis home is +10.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,130 across all districts. With a homestead exemption claimed, that drops to $3,596 — saving $1,534 per year. That's $300 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% | $2,625 |
| Taylor | City | 0.5850% | $1,443 |
| Williamson County | County | 0.3694% | $911 |
| Williamson County FM/Rd | County | 0.0443% | $109 |
| Lower Brushy Creek WCID | Water | 0.0169% | $42 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,130 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $213,593 would pay approximately $1,333 per month (principal and interest only, excluding taxes and insurance).