703 OTIS ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $132,341 and $231,578, with a best estimate of $162,830. That places the property below 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
$162,830
$151,212
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in T517364I - NORTH OF LAKE DR WEST OF 95. The estimated range of $132,341 and $231,578 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$336 for 2 sqft less living space and -$2,277 for being older. Net adjustment: -$2,613.
Adjusted -$28,030 for 167 sqft less living space and -$15,937 for being older and -$26,028 for no garage. Net adjustment: -$69,995.
Adjusted +$17,120 for 102 sqft more living space and +$11,383 for being newer. Net adjustment: +$28,503.
Adjusted +$18,127 for 108 sqft more living space and -$22,766 for being older. Net adjustment: -$4,639.
Adjusted +$21,148 for 126 sqft more living space and +$34,150 for being newer. Net adjustment: +$55,298.
The Neighborhood
This home is valued 37.5% below the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
below averageThis home is -37.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,144 across all districts. With a homestead exemption claimed, that drops to $1,627 — saving $1,517 per year. That's $136 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% | $1,609 |
| Taylor | City | 0.5850% | $885 |
| Williamson County | County | 0.3694% | $559 |
| Williamson County FM/Rd | County | 0.0443% | $67 |
| Lower Brushy Creek WCID | Water | 0.0169% | $26 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,144 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $162,830 would pay approximately $1,016 per month (principal and interest only, excluding taxes and insurance).