505 MARTIN LUTHER KING JR BLVD, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $32,501 and $148,542, with a best estimate of $87,050. That places the property below the T501D29I - Cty Taylor South Various median of $135,855, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$87,050
$78,280
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T501D29I - Cty Taylor South Various, this home's estimated market value is between $32,501 and $148,542. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$3,385 for 24 sqft less living space and +$17,286 for being newer. Net adjustment: +$13,901.
Adjusted -$14,669 for 104 sqft less living space. Net adjustment: -$14,669.
Adjusted -$33,851 for 240 sqft less living space and +$17,286 for being newer. Net adjustment: -$16,565.
Adjusted -$75,601 for 536 sqft less living space. Net adjustment: -$75,601.
Adjusted -$65,163 for 462 sqft less living space and +$17,286 for being newer. Net adjustment: -$47,877.
The Neighborhood
This home is valued 42.4% below the T501D29I - Cty Taylor South Various median of $135,855. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.7% over the past year.
T501D29I - Cty Taylor South Various
below averageThis home is -42.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $576 across all districts. With a homestead exemption claimed, that drops to $263 — saving $313 per year. That's $22 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% | $295 |
| Taylor | City | 0.5850% | $162 |
| Williamson County | County | 0.3694% | $102 |
| Williamson County FM/Rd | County | 0.0443% | $12 |
| Lower Brushy Creek WCID | Water | 0.0169% | $5 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $576 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $87,050 would pay approximately $543 per month (principal and interest only, excluding taxes and insurance).