2302 MEADOW LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $372,978 and $438,664, with a best estimate of $425,703. That places the property above the T528404H - WEST CENTRAL median of $406,958, in a neighborhood that declined 9.9% over the past year.
Estimated Value Range
$425,703
$294,303
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T528404H - WEST CENTRAL, this home's estimated market value is between $372,978 and $438,664. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$69,108 for 350 sqft less living space and +$1,792 for being newer. Net adjustment: -$67,316.
Adjusted +$17,178 for 87 sqft more living space and -$8,958 for being older. Net adjustment: +$8,220.
Adjusted -$37,713 for 191 sqft less living space and -$23,292 for being older. Net adjustment: -$61,005.
Adjusted +$14,414 for 73 sqft more living space and +$23,292 for being newer. Net adjustment: +$37,706.
Adjusted +$37,516 for 190 sqft more living space and -$25,084 for being older. Net adjustment: +$12,432.
The Neighborhood
This home is valued 27.7% below the T528404H - WEST CENTRAL median of $406,958. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 9.9% over the past year.
T528404H - WEST CENTRAL
below averageThis home is -27.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,120 across all districts. With a homestead exemption claimed, that drops to $4,576 — saving $1,544 per year. That's $381 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% | $3,131 |
| Taylor | City | 0.5850% | $1,722 |
| Williamson County | County | 0.3694% | $1,087 |
| Williamson County FM/Rd | County | 0.0443% | $130 |
| Lower Brushy Creek WCID | Water | 0.0169% | $50 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $6,120 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $425,703 would pay approximately $2,657 per month (principal and interest only, excluding taxes and insurance).