711 DRAKE LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $237,008 and $280,449, with a best estimate of $247,277. That places the property above the T520255I - NORTH POINT - SMITH - BOHLS ADDITION median of $223,655, in a neighborhood that declined 10.0% over the past year.
Estimated Value Range
$247,277
$293,321
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T520255I - NORTH POINT - SMITH - BOHLS ADDITION, this home's estimated market value is between $237,008 and $280,449. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$15,356 for 93 sqft more living space. Net adjustment: +$15,356.
Adjusted +$33,683 for 204 sqft more living space. Net adjustment: +$33,683.
Adjusted +$29,556 for 179 sqft more living space. Net adjustment: +$29,556.
Adjusted +$39,462 for 239 sqft more living space. Net adjustment: +$39,462.
Adjusted +$25,263 for 153 sqft more living space and +$10,080 for being newer. Net adjustment: +$35,343.
The Neighborhood
This home is valued 31.1% above the T520255I - NORTH POINT - SMITH - BOHLS ADDITION median of $223,655. With 288 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 10.0% over the past year.
T520255I - NORTH POINT - SMITH - BOHLS ADDITION
above averageThis home is +31.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,100 across all districts. With a homestead exemption claimed, that drops to $4,556 — saving $1,544 per year. That's $380 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% | $3,120 |
| Taylor | City | 0.5850% | $1,716 |
| Williamson County | County | 0.3694% | $1,084 |
| Williamson County FM/Rd | County | 0.0443% | $130 |
| Lower Brushy Creek WCID | Water | 0.0169% | $50 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $6,100 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $247,277 would pay approximately $1,543 per month (principal and interest only, excluding taxes and insurance).