706 DRAKE LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $221,652 and $277,965, with a best estimate of $265,041. That places the property above the T520255I - NORTH POINT - SMITH - BOHLS ADDITION median of $223,655, in a neighborhood that declined 10.0% over the past year.
Estimated Value Range
$265,041
$224,068
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T520255I - NORTH POINT - SMITH - BOHLS ADDITION, this home's estimated market value is between $221,652 and $277,965. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$18,328 for 111 sqft more living space. Net adjustment: +$18,328.
Adjusted -$15,356 for 93 sqft less living space. Net adjustment: -$15,356.
Adjusted +$14,200 for 86 sqft more living space. Net adjustment: +$14,200.
Adjusted +$9,907 for 60 sqft more living space and +$10,080 for being newer. Net adjustment: +$19,987.
Adjusted +$24,107 for 146 sqft more living space. Net adjustment: +$24,107.
The Neighborhood
This home is in line with the T520255I - NORTH POINT - SMITH - BOHLS ADDITION median of $223,655. Note that values in this subdivision declined 10.0% over the past year.
T520255I - NORTH POINT - SMITH - BOHLS ADDITION
typicalThis home is +0.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,660 across all districts. With a homestead exemption claimed, that drops to $3,129 — saving $1,531 per year. That's $261 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% | $2,384 |
| Taylor | City | 0.5850% | $1,311 |
| Williamson County | County | 0.3694% | $828 |
| Williamson County FM/Rd | County | 0.0443% | $99 |
| Lower Brushy Creek WCID | Water | 0.0169% | $38 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,660 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $265,041 would pay approximately $1,654 per month (principal and interest only, excluding taxes and insurance).