403 DRAKE LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $175,925 and $288,848, with a best estimate of $261,605. 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
$261,605
$242,793
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 $175,925 and $288,848. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$24,001 for 143 sqft more living space and -$6,830 for being older. Net adjustment: +$17,171.
Adjusted -$163,310 for 973 sqft less living space and +$2,277 for being newer. Net adjustment: -$161,033.
Adjusted +$37,429 for 223 sqft more living space and -$38,703 for being older. Net adjustment: -$1,274.
Adjusted +$39,611 for 236 sqft more living space and -$4,553 for being older. Net adjustment: +$35,058.
Adjusted -$33,065 for 197 sqft less living space and +$2,277 for being newer. Net adjustment: -$30,788.
The Neighborhood
This home is in line with the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
typicalThis home is +0.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,049 across all districts. With a homestead exemption claimed, that drops to $3,515 — saving $1,534 per year. That's $293 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% | $2,583 |
| Taylor | City | 0.5850% | $1,420 |
| Williamson County | County | 0.3694% | $897 |
| Williamson County FM/Rd | County | 0.0443% | $108 |
| Lower Brushy Creek WCID | Water | 0.0169% | $41 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,049 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $261,605 would pay approximately $1,633 per month (principal and interest only, excluding taxes and insurance).