2302 LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $240,118 and $307,897, with a best estimate of $277,099. 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
$277,099
$347,930
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 $240,118 and $307,897. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$31,219 for 186 sqft less living space. Net adjustment: -$31,219.
Adjusted -$16,616 for 99 sqft less living space. Net adjustment: -$16,616.
Adjusted -$24,505 for 146 sqft less living space and +$4,553 for being newer. Net adjustment: -$19,952.
Adjusted -$154,750 for 922 sqft less living space and -$4,553 for being older and +$26,028 for having a garage. Net adjustment: -$133,275.
Adjusted -$122,524 for 730 sqft less living space and +$6,830 for being newer. Net adjustment: -$115,694.
The Neighborhood
This home is valued 43.8% 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
above averageThis home is +43.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,235 across all districts. With a homestead exemption claimed, that drops to $5,682 — saving $1,553 per year. That's $474 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% | $3,701 |
| Taylor | City | 0.5850% | $2,035 |
| Williamson County | County | 0.3694% | $1,285 |
| Williamson County FM/Rd | County | 0.0443% | $154 |
| Lower Brushy Creek WCID | Water | 0.0169% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $7,235 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $277,099 would pay approximately $1,730 per month (principal and interest only, excluding taxes and insurance).