2205 WILLOW LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $223,616 and $307,473, with a best estimate of $261,964. 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
$261,964
$292,374
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 $223,616 and $307,473. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$41,625 for 248 sqft less living space and -$43,256 for being older and +$10,659 for having a pool. Net adjustment: -$74,222.
Adjusted +$77,711 for 463 sqft more living space and +$10,659 for having a pool. Net adjustment: +$88,370.
Adjusted -$9,063 for 54 sqft less living space and +$10,659 for having a pool. Net adjustment: +$1,596.
Adjusted +$37,597 for 224 sqft more living space and +$10,659 for having a pool. Net adjustment: +$48,256.
Adjusted -$49,513 for 295 sqft less living space and -$11,383 for being older and +$10,659 for having a pool. Net adjustment: -$50,237.
The Neighborhood
This home is valued 20.9% 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 +20.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,080 across all districts. With a homestead exemption claimed, that drops to $4,537 — saving $1,543 per year. That's $378 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% | $3,110 |
| Taylor | City | 0.5850% | $1,710 |
| Williamson County | County | 0.3694% | $1,080 |
| Williamson County FM/Rd | County | 0.0443% | $130 |
| Lower Brushy Creek WCID | Water | 0.0169% | $50 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $6,080 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $261,964 would pay approximately $1,635 per month (principal and interest only, excluding taxes and insurance).