404 DRAKE LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $376,051 and $449,881, with a best estimate of $396,698. That places the property above the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$396,698
$336,958
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T517364I - NORTH OF LAKE DR WEST OF 95, this home's estimated market value is between $376,051 and $449,881. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$130,245 for 776 sqft more living space. Net adjustment: +$130,245.
Adjusted +$164,485 for 980 sqft more living space and -$11,383 for being older. Net adjustment: +$153,102.
Adjusted +$138,469 for 825 sqft more living space. Net adjustment: +$138,469.
Adjusted +$107,586 for 641 sqft more living space. Net adjustment: +$107,586.
Adjusted +$130,749 for 779 sqft more living space. Net adjustment: +$130,749.
The Neighborhood
This home is valued 39.3% above the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. With 871 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
above averageThis home is +39.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,007 across all districts. With a homestead exemption claimed, that drops to $5,456 — saving $1,551 per year. That's $455 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% | $3,585 |
| Taylor | City | 0.5850% | $1,971 |
| Williamson County | County | 0.3694% | $1,245 |
| Williamson County FM/Rd | County | 0.0443% | $149 |
| Lower Brushy Creek WCID | Water | 0.0169% | $57 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $7,007 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $396,698 would pay approximately $2,476 per month (principal and interest only, excluding taxes and insurance).