505 BURKETT ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $169,592 and $246,924, with a best estimate of $177,067. That places the property below the T541 - H1 & H2 median of $191,238, in a neighborhood that declined 12.0% over the past year.
Estimated Value Range
$177,067
$153,999
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in T541 - H1 & H2. The estimated range of $169,592 and $246,924 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$19,442 for 124 sqft less living space and +$6,141 for being newer. Net adjustment: -$13,301.
Adjusted +$7,369 for 47 sqft more living space and +$5,373 for being newer. Net adjustment: +$12,742.
Adjusted +$314 for 2 sqft more living space and +$11,514 for being newer. Net adjustment: +$11,828.
Adjusted +$4,077 for 26 sqft more living space and +$11,514 for being newer. Net adjustment: +$15,591.
Adjusted +$42,648 for 272 sqft more living space and +$3,070 for being newer. Net adjustment: +$45,718.
The Neighborhood
This home is valued 19.5% 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
below averageThis home is -19.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,202 across all districts. With a homestead exemption claimed, that drops to $1,685 — saving $1,517 per year. That's $140 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% | $1,638 |
| Taylor | City | 0.5850% | $901 |
| Williamson County | County | 0.3694% | $569 |
| Williamson County FM/Rd | County | 0.0443% | $68 |
| Lower Brushy Creek WCID | Water | 0.0169% | $26 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,202 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $177,067 would pay approximately $1,105 per month (principal and interest only, excluding taxes and insurance).