216 MARTIN LUTHER KING JR BLVD, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $57,836 and $153,505, with a best estimate of $123,332. 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
$123,332
$106,932
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 $57,836 and $153,505. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$8,463 for 60 sqft less living space and -$17,286 for being older. Net adjustment: -$25,749.
Adjusted -$13,823 for 98 sqft less living space. Net adjustment: -$13,823.
Adjusted -$30,466 for 216 sqft less living space and +$8,643 for being newer. Net adjustment: -$21,823.
Adjusted +$44,571 for 316 sqft more living space. Net adjustment: +$44,571.
Adjusted +$4,231 for 30 sqft more living space and -$25,929 for being older. Net adjustment: -$21,698.
The Neighborhood
This home is valued 21.3% 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 -21.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,224 across all districts. With a homestead exemption claimed, that drops to $1,066 — saving $1,158 per year. That's $89 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% | $1,138 |
| Taylor | City | 0.5850% | $626 |
| Williamson County | County | 0.3694% | $395 |
| Williamson County FM/Rd | County | 0.0443% | $47 |
| Lower Brushy Creek WCID | Water | 0.0169% | $18 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $2,224 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $123,332 would pay approximately $770 per month (principal and interest only, excluding taxes and insurance).