1506 GRACE ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $294,124 and $854,054, with a best estimate of $560,056. 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
$560,056
$511,838
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in T517364I - NORTH OF LAKE DR WEST OF 95. The estimated range of $294,124 and $854,054 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$55,891 for 333 sqft more living space and -$15,937 for being older. Net adjustment: +$39,954.
Adjusted +$202,081 for 1,204 sqft more living space and +$56,916 for being newer and +$26,028 for having a garage. Net adjustment: +$285,025.
Adjusted +$200,067 for 1,192 sqft more living space and +$79,683 for being newer and +$26,028 for having a garage. Net adjustment: +$305,778.
Adjusted +$353,139 for 2,104 sqft more living space and +$4,553 for being newer and +$26,028 for having a garage. Net adjustment: +$383,720.
Adjusted +$319,570 for 1,904 sqft more living space and +$11,383 for being newer and +$26,028 for having a garage. Net adjustment: +$356,981.
The Neighborhood
This home is valued 111.6% 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
outlier highThis home is +111.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,644 across all districts. With a homestead exemption claimed, that drops to $9,060 — saving $1,584 per year. That's $755 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% | $5,445 |
| Taylor | City | 0.5850% | $2,994 |
| Williamson County | County | 0.3694% | $1,891 |
| Williamson County FM/Rd | County | 0.0443% | $227 |
| Lower Brushy Creek WCID | Water | 0.0169% | $87 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $10,644 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $560,056 would pay approximately $3,496 per month (principal and interest only, excluding taxes and insurance).