2502 SMITH AVE, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $170,415 and $243,275, with a best estimate of $225,786. 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
$225,786
$206,591
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 $170,415 and $243,275. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$168 for 1 sqft less living space and -$15,937 for being older. Net adjustment: -$16,105.
Adjusted +$5,035 for 30 sqft more living space. Net adjustment: +$5,035.
Adjusted +$18,463 for 110 sqft more living space. Net adjustment: +$18,463.
Adjusted +$10,574 for 63 sqft more living space and -$4,553 for being older. Net adjustment: +$6,021.
Adjusted -$33,400 for 199 sqft less living space and -$34,150 for being older. Net adjustment: -$67,550.
The Neighborhood
This home is valued 14.6% below the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
typicalThis home is -14.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,296 across all districts. With a homestead exemption claimed, that drops to $2,769 — saving $1,527 per year. That's $231 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% | $2,198 |
| Taylor | City | 0.5850% | $1,209 |
| Williamson County | County | 0.3694% | $763 |
| Williamson County FM/Rd | County | 0.0443% | $92 |
| Lower Brushy Creek WCID | Water | 0.0169% | $35 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,296 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $225,786 would pay approximately $1,409 per month (principal and interest only, excluding taxes and insurance).