416 LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $379,167 and $620,346, with a best estimate of $552,663. That places the property above the T542 - H3-H5 median of $362,038, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$552,663
$538,576
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $379,167 and $620,346. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$21,027 for 98 sqft less living space and +$3,207 for being newer. Net adjustment: -$17,820.
Adjusted +$15,878 for 74 sqft more living space and +$3,207 for being newer. Net adjustment: +$19,085.
Adjusted +$37,120 for 173 sqft more living space and -$12,827 for being older. Net adjustment: +$24,293.
Adjusted +$39,694 for 185 sqft more living space and -$28,861 for being older. Net adjustment: +$10,833.
Adjusted +$10,943 for 51 sqft more living space and +$35,275 for being newer. Net adjustment: +$46,218.
The Neighborhood
This home is valued 48.8% above the T542 - H3-H5 median of $362,038. With 314 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.9% over the past year.
T542 - H3-H5
above averageThis home is +48.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,467 across all districts. With a homestead exemption claimed, that drops to $3,929 — saving $1,538 per year. That's $327 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% | $2,797 |
| Taylor | City | 0.5850% | $1,538 |
| Williamson County | County | 0.3694% | $971 |
| Williamson County FM/Rd | County | 0.0443% | $117 |
| Lower Brushy Creek WCID | Water | 0.0169% | $45 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,467 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $552,663 would pay approximately $3,450 per month (principal and interest only, excluding taxes and insurance).