1202 FAIRGROUNDS AVE, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $217,766 and $305,031, with a best estimate of $286,312. 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
$286,312
$170,343
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 $217,766 and $305,031. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$5,290 for 30 sqft more living space and -$10,456 for being older and +$72,228 for having a garage. Net adjustment: +$67,062.
Adjusted +$12,695 for 72 sqft more living space and -$5,228 for being older and +$72,228 for having a garage. Net adjustment: +$79,695.
Adjusted -$2,821 for 16 sqft less living space and -$20,913 for being older. Net adjustment: -$23,734.
Adjusted +$46,550 for 264 sqft more living space and -$15,684 for being older and +$72,228 for having a garage. Net adjustment: +$103,094.
Adjusted +$22,217 for 126 sqft more living space and +$72,228 for having a garage. Net adjustment: +$94,445.
The Neighborhood
This home is valued 19.9% below the T516346I - SOUTH OF LAKE DR WEST OF 95 median of $212,609. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
T516346I - SOUTH OF LAKE DR WEST OF 95
below averageThis home is -19.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,542 across all districts. With a homestead exemption claimed, that drops to $2,022 — saving $1,520 per year. That's $169 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% | $1,812 |
| Taylor | City | 0.5850% | $997 |
| Williamson County | County | 0.3694% | $629 |
| Williamson County FM/Rd | County | 0.0443% | $76 |
| Lower Brushy Creek WCID | Water | 0.0169% | $29 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,542 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $286,312 would pay approximately $1,787 per month (principal and interest only, excluding taxes and insurance).