2902 MONIKA LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $161,320 and $279,102, with a best estimate of $188,903. That places the property below the T527402H - NORTH OF MALLARD LN WEST OF 95 median of $284,694, in a neighborhood that declined 5.1% over the past year.
Estimated Value Range
$188,903
$257,040
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T527402H - NORTH OF MALLARD LN WEST OF 95, this home's estimated market value is between $161,320 and $279,102. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$86,881 for 464 sqft less living space. Net adjustment: -$86,881.
Adjusted -$101,299 for 541 sqft less living space. Net adjustment: -$101,299.
Adjusted +$22,656 for 121 sqft more living space and -$1,876 for being older. Net adjustment: +$20,780.
Adjusted -$144,365 for 771 sqft less living space. Net adjustment: -$144,365.
Adjusted -$91,000 for 486 sqft less living space and -$1,876 for being older. Net adjustment: -$92,876.
The Neighborhood
This home is valued 9.7% below the T527402H - NORTH OF MALLARD LN WEST OF 95 median of $284,694. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.1% over the past year.
T527402H - NORTH OF MALLARD LN WEST OF 95
typicalThis home is -9.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,345 across all districts. With a homestead exemption claimed, that drops to $3,808 — saving $1,537 per year. That's $317 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% | $2,734 |
| Taylor | City | 0.5850% | $1,504 |
| Williamson County | County | 0.3694% | $950 |
| Williamson County FM/Rd | County | 0.0443% | $114 |
| Lower Brushy Creek WCID | Water | 0.0169% | $44 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,345 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $188,903 would pay approximately $1,179 per month (principal and interest only, excluding taxes and insurance).