1107 WALLACE ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $145,452 and $280,496, with a best estimate of $185,627. 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
$185,627
$245,007
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 $145,452 and $280,496 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$7,721 for 46 sqft less living space and -$27,320 for being older and -$26,028 for no garage. Net adjustment: -$61,069.
Adjusted +$19,973 for 119 sqft more living space and -$13,660 for being older. Net adjustment: +$6,313.
Adjusted +$37,429 for 223 sqft more living space. Net adjustment: +$37,429.
Adjusted -$22,659 for 135 sqft less living space and +$45,533 for being newer. Net adjustment: +$22,874.
Adjusted +$41,457 for 247 sqft more living space and +$22,766 for being newer. Net adjustment: +$64,223.
The Neighborhood
This home is valued 1.3% 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
typicalThis home is +1.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,095 across all districts. With a homestead exemption claimed, that drops to $3,560 — saving $1,535 per year. That's $297 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% | $2,606 |
| Taylor | City | 0.5850% | $1,433 |
| Williamson County | County | 0.3694% | $905 |
| Williamson County FM/Rd | County | 0.0443% | $109 |
| Lower Brushy Creek WCID | Water | 0.0169% | $42 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,095 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $185,627 would pay approximately $1,159 per month (principal and interest only, excluding taxes and insurance).