1216 LEXINGTON ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $147,875 and $270,793, with a best estimate of $226,772. That places the property above the T541 - H1 & H2 median of $191,238, in a neighborhood that declined 12.0% over the past year.
Estimated Value Range
$226,772
$171,739
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 $147,875 and $270,793. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$5,958 for 38 sqft more living space and -$1,535 for being older. Net adjustment: +$4,423.
Adjusted -$19,129 for 122 sqft less living space and -$1,535 for being older and -$36,603 for no garage. Net adjustment: -$57,267.
Adjusted +$46,411 for 296 sqft more living space and -$768 for being older and -$27,644 for no pool and -$36,603 for no garage. Net adjustment: -$18,604.
Adjusted +$13,171 for 84 sqft more living space. Net adjustment: +$13,171.
Adjusted -$6,899 for 44 sqft less living space and -$1,535 for being older and -$36,603 for no garage. Net adjustment: -$45,037.
The Neighborhood
This home is valued 10.2% below the T541 - H1 & H2 median of $191,238. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 12.0% over the past year.
T541 - H1 & H2
typicalThis home is -10.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,571 across all districts. With a homestead exemption claimed, that drops to $2,050 — saving $1,521 per year. That's $171 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% | $1,827 |
| Taylor | City | 0.5850% | $1,005 |
| Williamson County | County | 0.3694% | $634 |
| Williamson County FM/Rd | County | 0.0443% | $76 |
| Lower Brushy Creek WCID | Water | 0.0169% | $29 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,571 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $226,772 would pay approximately $1,416 per month (principal and interest only, excluding taxes and insurance).