418 OTIS ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $195,286 and $294,524, with a best estimate of $225,776. That places the property below 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
$225,776
$205,296
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 $195,286 and $294,524 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$1,511 for 9 sqft less living space and +$20,490 for being newer and -$26,028 for no garage. Net adjustment: -$7,049.
Adjusted +$26,183 for 156 sqft more living space and +$34,150 for being newer. Net adjustment: +$60,333.
Adjusted +$77,207 for 460 sqft more living space and +$40,980 for being newer. Net adjustment: +$118,187.
Adjusted +$44,646 for 266 sqft more living space and +$13,660 for being newer. Net adjustment: +$58,306.
Adjusted +$43,639 for 260 sqft more living space and +$47,810 for being newer. Net adjustment: +$91,449.
The Neighborhood
This home is valued 15.1% below the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
below averageThis home is -15.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,647 across all districts. With a homestead exemption claimed, that drops to $2,125 — saving $1,522 per year. That's $177 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% | $1,866 |
| Taylor | City | 0.5850% | $1,026 |
| Williamson County | County | 0.3694% | $648 |
| Williamson County FM/Rd | County | 0.0443% | $78 |
| Lower Brushy Creek WCID | Water | 0.0169% | $30 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,647 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $225,776 would pay approximately $1,409 per month (principal and interest only, excluding taxes and insurance).