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318 MARTIN LUTHER KING JR BLVD, TAYLOR, TX 76574

TAYLOR, 76574 — williamson County

3 bed1 bath1,136 sqftBuilt 1940

Property at a Glance

This home is estimated between $73,539 and $224,142, with a best estimate of $134,619. That places the property below the T501D29I - Cty Taylor South Various median of $135,855, in a neighborhood that declined 3.7% over the past year.

Estimated Value Range

$73,539 $224,142
Best Estimate
$134,619
WCAD Value
$108,102
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in T501D29I - Cty Taylor South Various, this home's estimated market value is between $73,539 and $224,142. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

205 MARTIN LUTHER KING JR BLVD, TAYLOR, TX 76574
0.00 mi 100% similar Same subdivision
2 bed 1 bath 1,062 sqft Built 1930
Raw Value $196,419
Adjusted Value $224,142

Adjusted +$10,437 for 74 sqft more living space and +$17,286 for being newer. Net adjustment: +$27,723.

320 MARTIN LUTHER KING JR BLVD, TAYLOR, TX 76574
0.00 mi 100% similar Same subdivision
2 bed 1 bath 1,600 sqft Built 1940
Raw Value $212,388
Adjusted Value $146,942

Adjusted -$65,446 for 464 sqft less living space. Net adjustment: -$65,446.

204 MARTIN LUTHER KING JR BLVD, TAYLOR, TX 76574
0.00 mi 100% similar Same subdivision
3 bed 1 bath 1,692 sqft Built 1930
Raw Value $163,607
Adjusted Value $80,627

Adjusted -$78,422 for 556 sqft less living space and +$17,286 for being newer and -$21,844 for no pool. Net adjustment: -$82,980.

209 MARTIN LUTHER KING JR BLVD, TAYLOR, TX 76574
0.00 mi 98% similar Same subdivision
3 bed 1 bath 1,736 sqft Built 1930
Raw Value $140,881
Adjusted Value $73,539

Adjusted -$84,628 for 600 sqft less living space and +$17,286 for being newer. Net adjustment: -$67,342.

221 MARTIN LUTHER KING JR BLVD, TAYLOR, TX 76574
0.00 mi 95% similar Same subdivision
2 bed 1 bath 840 sqft Built 1930
Raw Value $75,583
Adjusted Value $134,619

Adjusted +$41,750 for 296 sqft more living space and +$17,286 for being newer. Net adjustment: +$59,036.

The Neighborhood

This home is valued 20.4% below the T501D29I - Cty Taylor South Various median of $135,855. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.7% over the past year.

T501D29I - Cty Taylor South Various

below average
487 Properties
$135,855 Median Value
-3.7% YoY Change
1% Have Pool
13% Have Garage
This Home
$108,102
Median
$135,855

This home is -20.4% below the subdivision median.

Tax Analysis

The estimated annual property tax is $2,248 across all districts. With a homestead exemption claimed, that drops to $1,078 — saving $1,170 per year. That's $90 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

DistrictTypeRateAnnual Amount
Taylor ISDSchool1.0638%$1,150
TaylorCity0.5850%$632
Williamson CountyCounty0.3694%$399
Williamson County FM/RdCounty0.0443%$48
Lower Brushy Creek WCIDWater0.0169%$18
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0795%$2,248

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $134,619 would pay approximately $840 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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