1311 W LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $327,925 and $689,490, with a best estimate of $495,708. 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
$495,708
$626,881
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 $327,925 and $689,490. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$23,602 for 110 sqft less living space and +$48,102 for being newer and +$64,811 for having a garage. Net adjustment: +$89,311.
Adjusted -$170,364 for 794 sqft less living space and +$64,811 for having a garage. Net adjustment: -$105,553.
Adjusted +$68,231 for 318 sqft more living space and -$32,068 for being older and +$64,811 for having a garage. Net adjustment: +$100,974.
Adjusted -$2,575 for 12 sqft less living space and -$38,481 for being older and +$64,811 for having a garage. Net adjustment: +$23,755.
Adjusted -$175,299 for 817 sqft less living space and +$32,068 for being newer and +$64,811 for having a garage. Net adjustment: -$78,420.
The Neighborhood
This home is valued 73.2% 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
outlier highThis home is +73.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,036 across all districts. With a homestead exemption claimed, that drops to $11,431 — saving $1,605 per year. That's $953 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% | $6,669 |
| Taylor | City | 0.5850% | $3,667 |
| Williamson County | County | 0.3694% | $2,316 |
| Williamson County FM/Rd | County | 0.0443% | $278 |
| Lower Brushy Creek WCID | Water | 0.0169% | $106 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $13,036 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $495,708 would pay approximately $3,094 per month (principal and interest only, excluding taxes and insurance).