723 W 8TH ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $139,106 and $360,110, with a best estimate of $251,087. That places the property above the T541 - H1 & H2 median of $191,238, in a neighborhood that declined 12.0% over the past year.
Estimated Value Range
$251,087
$261,794
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $139,106 and $360,110. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$6,272 for 40 sqft more living space and +$768 for being newer. Net adjustment: +$7,040.
Adjusted -$25,871 for 165 sqft less living space and -$768 for being older. Net adjustment: -$26,639.
Adjusted +$40,139 for 256 sqft more living space and -$768 for being older. Net adjustment: +$39,371.
Adjusted -$18,188 for 116 sqft less living space. Net adjustment: -$18,188.
Adjusted +$16,934 for 108 sqft more living space and +$768 for being newer. Net adjustment: +$17,702.
The Neighborhood
This home is valued 36.9% 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 +36.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,444 across all districts. With a homestead exemption claimed, that drops to $3,906 — saving $1,538 per year. That's $326 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% | $2,785 |
| Taylor | City | 0.5850% | $1,531 |
| Williamson County | County | 0.3694% | $967 |
| Williamson County FM/Rd | County | 0.0443% | $116 |
| Lower Brushy Creek WCID | Water | 0.0169% | $44 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,444 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $251,087 would pay approximately $1,567 per month (principal and interest only, excluding taxes and insurance).