1201 LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $375,035 and $677,779, with a best estimate of $521,001. 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
$521,001
$468,175
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 $375,035 and $677,779. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$79,389 for 370 sqft less living space and +$12,827 for being newer. Net adjustment: -$66,562.
Adjusted +$88,615 for 413 sqft more living space and +$28,861 for being newer and +$64,811 for having a garage. Net adjustment: +$182,287.
Adjusted -$58,147 for 271 sqft less living space and -$19,241 for being older and +$64,811 for having a garage. Net adjustment: -$12,577.
Adjusted -$63,082 for 294 sqft less living space and +$12,827 for being newer and +$64,811 for having a garage. Net adjustment: +$14,556.
Adjusted -$12,230 for 57 sqft less living space and +$25,654 for being newer. Net adjustment: +$13,424.
The Neighborhood
This home is valued 29.3% 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
above averageThis home is +29.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,736 across all districts. With a homestead exemption claimed, that drops to $8,160 — saving $1,576 per year. That's $680 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% | $4,980 |
| Taylor | City | 0.5850% | $2,739 |
| Williamson County | County | 0.3694% | $1,730 |
| Williamson County FM/Rd | County | 0.0443% | $208 |
| Lower Brushy Creek WCID | Water | 0.0169% | $79 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $9,736 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $521,001 would pay approximately $3,252 per month (principal and interest only, excluding taxes and insurance).