2300 LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $267,644 and $335,423, with a best estimate of $304,625. 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
$304,625
$444,498
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 $267,644 and $335,423. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$3,693 for 22 sqft less living space. Net adjustment: -$3,693.
Adjusted +$10,910 for 65 sqft more living space. Net adjustment: +$10,910.
Adjusted -$94,998 for 566 sqft less living space and +$6,830 for being newer. Net adjustment: -$88,168.
Adjusted +$3,021 for 18 sqft more living space and +$4,553 for being newer. Net adjustment: +$7,574.
Adjusted -$127,224 for 758 sqft less living space and -$4,553 for being older and +$26,028 for having a garage. Net adjustment: -$105,749.
The Neighborhood
This home is valued 83.8% 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 +83.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,757 across all districts. With a homestead exemption claimed, that drops to $7,190 — saving $1,567 per year. That's $599 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% | $4,480 |
| Taylor | City | 0.5850% | $2,463 |
| Williamson County | County | 0.3694% | $1,556 |
| Williamson County FM/Rd | County | 0.0443% | $187 |
| Lower Brushy Creek WCID | Water | 0.0169% | $71 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $8,757 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $304,625 would pay approximately $1,901 per month (principal and interest only, excluding taxes and insurance).