1320 WALLACE ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $57,939 and $236,295, with a best estimate of $195,201. 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
$195,201
$157,333
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 $57,939 and $236,295 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$7,721 for 46 sqft less living space and -$11,383 for being older. Net adjustment: -$19,104.
Adjusted -$20,980 for 125 sqft less living space and +$11,383 for being newer. Net adjustment: -$9,597.
Adjusted -$36,254 for 216 sqft less living space and +$22,766 for being newer and -$10,659 for no pool and -$26,028 for no garage. Net adjustment: -$50,175.
Adjusted +$17,120 for 102 sqft more living space and +$11,383 for being newer. Net adjustment: +$28,503.
Adjusted -$10,742 for 64 sqft less living space and -$68,299 for being older. Net adjustment: -$79,041.
The Neighborhood
This home is valued 35.0% 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
below averageThis home is -35.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,272 across all districts. With a homestead exemption claimed, that drops to $1,753 — saving $1,519 per year. That's $146 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% | $1,674 |
| Taylor | City | 0.5850% | $920 |
| Williamson County | County | 0.3694% | $581 |
| Williamson County FM/Rd | County | 0.0443% | $70 |
| Lower Brushy Creek WCID | Water | 0.0169% | $27 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,272 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $195,201 would pay approximately $1,218 per month (principal and interest only, excluding taxes and insurance).