207 DRAKE LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $229,415 and $342,338, with a best estimate of $315,095. 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
$315,095
$267,086
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 $229,415 and $342,338. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$70,661 for 421 sqft more living space. Net adjustment: +$70,661.
Adjusted -$116,650 for 695 sqft less living space and +$9,107 for being newer. Net adjustment: -$107,543.
Adjusted +$84,089 for 501 sqft more living space and -$31,873 for being older. Net adjustment: +$52,216.
Adjusted +$86,271 for 514 sqft more living space and +$2,277 for being newer. Net adjustment: +$88,548.
Adjusted +$13,595 for 81 sqft more living space and +$9,107 for being newer. Net adjustment: +$22,702.
The Neighborhood
This home is valued 10.4% 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
typicalThis home is +10.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,554 across all districts. With a homestead exemption claimed, that drops to $4,015 — saving $1,539 per year. That's $335 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% | $2,841 |
| Taylor | City | 0.5850% | $1,562 |
| Williamson County | County | 0.3694% | $987 |
| Williamson County FM/Rd | County | 0.0443% | $118 |
| Lower Brushy Creek WCID | Water | 0.0169% | $45 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,554 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $315,095 would pay approximately $1,967 per month (principal and interest only, excluding taxes and insurance).