518 3RD ST W, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $107,465 and $219,446, with a best estimate of $191,237. 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
$191,237
$230,634
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $107,465 and $219,446. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$10,035 for 64 sqft more living space and -$2,303 for being older. Net adjustment: +$7,732.
Adjusted -$13,171 for 84 sqft less living space and -$768 for being older. Net adjustment: -$13,939.
Adjusted -$23,833 for 152 sqft less living space and -$768 for being older. Net adjustment: -$24,601.
Adjusted +$33,397 for 213 sqft more living space and -$2,303 for being older. Net adjustment: +$31,094.
Adjusted -$25,557 for 163 sqft less living space and -$2,303 for being older. Net adjustment: -$27,860.
The Neighborhood
This home is valued 20.6% above the T541 - H1 & H2 median of $191,238. With 634 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 12.0% over the past year.
T541 - H1 & H2
above averageThis home is +20.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,796 across all districts. With a homestead exemption claimed, that drops to $3,264 — saving $1,532 per year. That's $272 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% | $2,453 |
| Taylor | City | 0.5850% | $1,349 |
| Williamson County | County | 0.3694% | $852 |
| Williamson County FM/Rd | County | 0.0443% | $102 |
| Lower Brushy Creek WCID | Water | 0.0169% | $39 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,796 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $191,237 would pay approximately $1,194 per month (principal and interest only, excluding taxes and insurance).