1401 FAIRGROUNDS AVE, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $235,777 and $343,227, with a best estimate of $243,270. That places the property above the T516346I - SOUTH OF LAKE DR WEST OF 95 median of $212,609, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$243,270
$276,930
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T516346I - SOUTH OF LAKE DR WEST OF 95, this home's estimated market value is between $235,777 and $343,227. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$5,819 for 33 sqft less living space and +$4,183 for being newer. Net adjustment: -$1,636.
Adjusted -$159,575 for 905 sqft less living space and +$3,137 for being newer. Net adjustment: -$156,438.
Adjusted -$529 for 3 sqft less living space and -$34,506 for being older and +$72,228 for having a garage. Net adjustment: +$37,193.
Adjusted +$3,703 for 21 sqft more living space and -$6,274 for being older and +$72,228 for having a garage. Net adjustment: +$69,657.
Adjusted -$81,639 for 463 sqft less living space and +$8,365 for being newer and +$72,228 for having a garage. Net adjustment: -$1,046.
The Neighborhood
This home is valued 30.3% above the T516346I - SOUTH OF LAKE DR WEST OF 95 median of $212,609. With 629 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.9% over the past year.
T516346I - SOUTH OF LAKE DR WEST OF 95
above averageThis home is +30.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,205 across all districts. With a homestead exemption claimed, that drops to $3,669 — saving $1,536 per year. That's $306 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% | $2,662 |
| Taylor | City | 0.5850% | $1,464 |
| Williamson County | County | 0.3694% | $925 |
| Williamson County FM/Rd | County | 0.0443% | $111 |
| Lower Brushy Creek WCID | Water | 0.0169% | $42 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,205 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $243,270 would pay approximately $1,518 per month (principal and interest only, excluding taxes and insurance).