2305 THOMAS ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $80,178 and $362,735, with a best estimate of $267,456. That places the property above 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
$267,456
$280,006
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in T516346I - SOUTH OF LAKE DR WEST OF 95. The estimated range of $80,178 and $362,735 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$80,052 for 454 sqft more living space and +$4,183 for being newer and +$72,228 for having a garage. Net adjustment: +$156,463.
Adjusted +$18,514 for 105 sqft more living space and +$39,734 for being newer and +$72,228 for having a garage. Net adjustment: +$130,476.
Adjusted -$57,306 for 325 sqft less living space and -$20,913 for being older and +$72,228 for having a garage. Net adjustment: -$5,991.
Adjusted -$8,287 for 47 sqft less living space and +$81,559 for being newer and -$21,259 for no pool. Net adjustment: +$52,013.
Adjusted -$103,856 for 589 sqft less living space and +$5,228 for being newer and +$72,228 for having a garage. Net adjustment: -$26,400.
The Neighborhood
This home is valued 31.7% 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
above averageThis home is +31.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,823 across all districts. With a homestead exemption claimed, that drops to $4,282 — saving $1,541 per year. That's $357 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% | $2,979 |
| Taylor | City | 0.5850% | $1,638 |
| Williamson County | County | 0.3694% | $1,034 |
| Williamson County FM/Rd | County | 0.0443% | $124 |
| Lower Brushy Creek WCID | Water | 0.0169% | $47 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,823 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $267,456 would pay approximately $1,669 per month (principal and interest only, excluding taxes and insurance).