1315 WALLACE ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $132,121 and $322,239, with a best estimate of $202,788. 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
$202,788
$237,772
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in T517364I - NORTH OF LAKE DR WEST OF 95. The estimated range of $132,121 and $322,239 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$6,378 for 38 sqft more living space and +$11,383 for being newer. Net adjustment: +$17,761.
Adjusted -$31,722 for 189 sqft less living space and +$11,383 for being newer. Net adjustment: -$20,339.
Adjusted -$29,876 for 178 sqft less living space and -$11,383 for being older. Net adjustment: -$41,259.
Adjusted +$31,386 for 187 sqft more living space and +$11,383 for being newer. Net adjustment: +$42,769.
Adjusted -$56,059 for 334 sqft less living space. Net adjustment: -$56,059.
The Neighborhood
This home is valued 1.7% below the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
typicalThis home is -1.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,945 across all districts. With a homestead exemption claimed, that drops to $3,411 — saving $1,534 per year. That's $284 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% | $2,529 |
| Taylor | City | 0.5850% | $1,391 |
| Williamson County | County | 0.3694% | $878 |
| Williamson County FM/Rd | County | 0.0443% | $105 |
| Lower Brushy Creek WCID | Water | 0.0169% | $40 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,945 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $202,788 would pay approximately $1,266 per month (principal and interest only, excluding taxes and insurance).