2005 LARK LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $295,855 and $322,947, with a best estimate of $306,581. That places the property above the T530386D - MALLARD PARK & HIDDEN MEADOW median of $281,196, in a neighborhood that declined 11.0% over the past year.
Estimated Value Range
$306,581
$306,592
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T530386D - MALLARD PARK & HIDDEN MEADOW, this home's estimated market value is between $295,855 and $322,947. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$24,584 for 132 sqft less living space and +$8,417 for being newer. Net adjustment: -$16,167.
Adjusted +$58,853 for 316 sqft more living space and -$16,835 for being older. Net adjustment: +$42,018.
Adjusted +$25,888 for 139 sqft more living space and +$12,626 for being newer. Net adjustment: +$38,514.
Adjusted -$3,725 for 20 sqft less living space and +$8,417 for being newer. Net adjustment: +$4,692.
Adjusted +$47,678 for 256 sqft more living space and -$12,626 for being older. Net adjustment: +$35,052.
The Neighborhood
This home is valued 9.0% above the T530386D - MALLARD PARK & HIDDEN MEADOW median of $281,196. With 204 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.0% over the past year.
T530386D - MALLARD PARK & HIDDEN MEADOW
typicalThis home is +9.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,376 across all districts. With a homestead exemption claimed, that drops to $4,830 — saving $1,546 per year. That's $403 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% | $3,262 |
| Taylor | City | 0.5850% | $1,794 |
| Williamson County | County | 0.3694% | $1,133 |
| Williamson County FM/Rd | County | 0.0443% | $136 |
| Lower Brushy Creek WCID | Water | 0.0169% | $52 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $6,376 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $306,581 would pay approximately $1,914 per month (principal and interest only, excluding taxes and insurance).