1002 LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $333,209 and $464,395, with a best estimate of $421,990. That places the property above 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
$421,990
$620,942
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T517364I - NORTH OF LAKE DR WEST OF 95, this home's estimated market value is between $333,209 and $464,395. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$10,574 for 63 sqft less living space and +$77,406 for being newer and -$26,028 for no garage. Net adjustment: +$40,804.
Adjusted -$42,800 for 255 sqft less living space and +$66,023 for being newer. Net adjustment: +$23,223.
Adjusted -$31,554 for 188 sqft less living space and +$107,002 for being newer and -$26,028 for no garage. Net adjustment: +$49,420.
Adjusted +$80,732 for 481 sqft more living space and +$70,576 for being newer and -$26,028 for no garage. Net adjustment: +$125,280.
Adjusted +$87,445 for 521 sqft more living space and +$75,129 for being newer and -$26,028 for no garage. Net adjustment: +$136,546.
The Neighborhood
This home is valued 156.7% above the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. With 871 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
outlier highThis home is +156.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,913 across all districts. With a homestead exemption claimed, that drops to $11,309 — saving $1,604 per year. That's $942 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% | $6,606 |
| Taylor | City | 0.5850% | $3,633 |
| Williamson County | County | 0.3694% | $2,294 |
| Williamson County FM/Rd | County | 0.0443% | $275 |
| Lower Brushy Creek WCID | Water | 0.0169% | $105 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $12,913 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $421,990 would pay approximately $2,634 per month (principal and interest only, excluding taxes and insurance).