307 CHERRYWOOD CIR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $222,625 and $292,098, with a best estimate of $242,355. That places the property above the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901, in a neighborhood that declined 11.4% over the past year.
Estimated Value Range
$242,355
$248,594
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T517364I - NORTH OF LAKE DR WEST OF 95, this home's estimated market value is between $222,625 and $292,098. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$39,778 for 237 sqft less living space and +$11,383 for being newer. Net adjustment: -$28,395.
Adjusted -$14,938 for 89 sqft less living space and +$9,107 for being newer. Net adjustment: -$5,831.
Adjusted -$83,249 for 496 sqft less living space and +$11,383 for being newer. Net adjustment: -$71,866.
Adjusted -$91,641 for 546 sqft less living space and +$11,383 for being newer. Net adjustment: -$80,258.
Adjusted -$38,436 for 229 sqft less living space and -$6,830 for being older. Net adjustment: -$45,266.
The Neighborhood
This home is valued 2.8% above the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. With 871 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
typicalThis home is +2.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,170 across all districts. With a homestead exemption claimed, that drops to $3,634 — saving $1,536 per year. That's $303 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% | $2,645 |
| Taylor | City | 0.5850% | $1,454 |
| Williamson County | County | 0.3694% | $918 |
| Williamson County FM/Rd | County | 0.0443% | $110 |
| Lower Brushy Creek WCID | Water | 0.0169% | $42 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,170 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $242,355 would pay approximately $1,513 per month (principal and interest only, excluding taxes and insurance).