721 8TH ST W, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $133,280 and $468,455, with a best estimate of $342,677. That places the property below the T542 - H3-H5 median of $362,038, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$342,677
$301,308
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $133,280 and $468,455. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$19,311 for 90 sqft less living space and -$64,811 for no garage. Net adjustment: -$84,122.
Adjusted +$42,055 for 196 sqft more living space and +$48,102 for being newer. Net adjustment: +$90,157.
Adjusted -$67,802 for 316 sqft less living space. Net adjustment: -$67,802.
Adjusted +$73,166 for 341 sqft more living space and +$32,068 for being newer. Net adjustment: +$105,234.
Adjusted -$1,717 for 8 sqft less living space. Net adjustment: -$1,717.
The Neighborhood
This home is valued 16.8% below the T542 - H3-H5 median of $362,038. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.9% over the past year.
T542 - H3-H5
below averageThis home is -16.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,581 across all districts. With a homestead exemption claimed, that drops to $3,051 — saving $1,530 per year. That's $254 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% | $2,344 |
| Taylor | City | 0.5850% | $1,289 |
| Williamson County | County | 0.3694% | $814 |
| Williamson County FM/Rd | County | 0.0443% | $98 |
| Lower Brushy Creek WCID | Water | 0.0169% | $37 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,581 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $342,677 would pay approximately $2,139 per month (principal and interest only, excluding taxes and insurance).