1018 5TH ST W, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $112,094 and $235,011, with a best estimate of $190,991. 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
$190,991
$169,952
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T541 - H1 & H2, this home's estimated market value is between $112,094 and $235,011. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$31,359 for 200 sqft less living space. Net adjustment: -$31,359.
Adjusted +$9,094 for 58 sqft more living space and +$768 for being newer and -$27,644 for no pool and -$36,603 for no garage. Net adjustment: -$54,385.
Adjusted -$24,146 for 154 sqft less living space and +$1,535 for being newer. Net adjustment: -$22,611.
Adjusted +$35,749 for 228 sqft more living space and +$3,070 for being newer. Net adjustment: +$38,819.
Adjusted -$56,445 for 360 sqft less living space and -$36,603 for no garage. Net adjustment: -$93,048.
The Neighborhood
This home is valued 11.1% 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
typicalThis home is -11.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,534 across all districts. With a homestead exemption claimed, that drops to $2,013 — saving $1,521 per year. That's $168 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% | $1,808 |
| Taylor | City | 0.5850% | $994 |
| Williamson County | County | 0.3694% | $628 |
| Williamson County FM/Rd | County | 0.0443% | $75 |
| Lower Brushy Creek WCID | Water | 0.0169% | $29 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,534 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $190,991 would pay approximately $1,192 per month (principal and interest only, excluding taxes and insurance).