118 7TH ST W, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $69,002 and $152,774, with a best estimate of $89,583. That places the property below the T541 - H1 & H2 median of $191,238, in a neighborhood that declined 12.0% over the past year.
Estimated Value Range
$89,583
$126,172
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in T541 - H1 & H2. The estimated range of $69,002 and $152,774 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$30,731 for 196 sqft less living space. Net adjustment: -$30,731.
Adjusted -$7,369 for 47 sqft less living space. Net adjustment: -$7,369.
Adjusted +$2,979 for 19 sqft more living space and +$1,535 for being newer. Net adjustment: +$4,514.
Adjusted -$53,937 for 344 sqft less living space and +$1,535 for being newer. Net adjustment: -$52,402.
Adjusted +$16,934 for 108 sqft more living space. Net adjustment: +$16,934.
The Neighborhood
This home is valued 34.0% below the T541 - H1 & H2 median of $191,238. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 12.0% over the past year.
T541 - H1 & H2
below averageThis home is -34.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,624 across all districts. With a homestead exemption claimed, that drops to $1,258 — saving $1,366 per year. That's $105 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% | $1,342 |
| Taylor | City | 0.5850% | $738 |
| Williamson County | County | 0.3694% | $466 |
| Williamson County FM/Rd | County | 0.0443% | $56 |
| Lower Brushy Creek WCID | Water | 0.0169% | $21 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $2,624 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $89,583 would pay approximately $559 per month (principal and interest only, excluding taxes and insurance).