1516 PRATHER ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $127,452 and $236,737, with a best estimate of $194,344. That places the property below the T516346I - SOUTH OF LAKE DR WEST OF 95 median of $212,609, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$194,344
$233,809
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T516346I - SOUTH OF LAKE DR WEST OF 95, this home's estimated market value is between $127,452 and $236,737. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$28,212 for 160 sqft less living space and -$10,456 for being older. Net adjustment: -$38,668.
Adjusted +$10,580 for 60 sqft more living space and -$12,548 for being older. Net adjustment: -$1,968.
Adjusted +$36,676 for 208 sqft more living space and -$12,548 for being older. Net adjustment: +$24,128.
Adjusted +$4,937 for 28 sqft more living space and -$10,456 for being older. Net adjustment: -$5,519.
Adjusted +$2,116 for 12 sqft more living space. Net adjustment: +$2,116.
The Neighborhood
This home is valued 10.0% above the T516346I - SOUTH OF LAKE DR WEST OF 95 median of $212,609. With 629 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.9% over the past year.
T516346I - SOUTH OF LAKE DR WEST OF 95
typicalThis home is +10.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $4,862 across all districts. With a homestead exemption claimed, that drops to $3,330 — saving $1,532 per year. That's $278 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% | $2,487 |
| Taylor | City | 0.5850% | $1,368 |
| Williamson County | County | 0.3694% | $864 |
| Williamson County FM/Rd | County | 0.0443% | $104 |
| Lower Brushy Creek WCID | Water | 0.0169% | $40 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,862 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $194,344 would pay approximately $1,213 per month (principal and interest only, excluding taxes and insurance).