318 W 5TH ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $21,492 and $356,667, with a best estimate of $239,338. That places the property below the T542 - H3-H5 median of $362,038, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$239,338
$401,323
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $21,492 and $356,667. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$38,622 for 180 sqft less living space and +$32,068 for being newer. Net adjustment: -$6,554.
Adjusted -$69,733 for 325 sqft less living space and +$48,102 for being newer. Net adjustment: -$21,631.
Adjusted +$10,085 for 47 sqft more living space and +$32,068 for being newer. Net adjustment: +$42,153.
Adjusted -$131,099 for 611 sqft less living space and -$64,811 for no garage. Net adjustment: -$195,910.
Adjusted -$36,261 for 169 sqft less living space and +$64,136 for being newer. Net adjustment: +$27,875.
The Neighborhood
This home is valued 10.9% 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
typicalThis home is +10.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,346 across all districts. With a homestead exemption claimed, that drops to $6,782 — saving $1,564 per year. That's $565 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% | $4,269 |
| Taylor | City | 0.5850% | $2,348 |
| Williamson County | County | 0.3694% | $1,483 |
| Williamson County FM/Rd | County | 0.0443% | $178 |
| Lower Brushy Creek WCID | Water | 0.0169% | $68 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $8,346 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $239,338 would pay approximately $1,494 per month (principal and interest only, excluding taxes and insurance).