1516 MCLAIN ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $177,044 and $260,421, with a best estimate of $222,507. 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
$222,507
$208,718
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T516346I - SOUTH OF LAKE DR WEST OF 95, this home's estimated market value is between $177,044 and $260,421. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$4,584 for 26 sqft more living space and +$31,369 for being newer and -$21,259 for no pool. Net adjustment: +$14,694.
Adjusted +$34,736 for 197 sqft more living space and +$10,456 for being newer and -$21,259 for no pool and +$72,228 for having a garage. Net adjustment: +$96,161.
Adjusted -$72,999 for 414 sqft less living space and +$23,004 for being newer and +$72,228 for having a garage. Net adjustment: +$22,233.
Adjusted -$34,912 for 198 sqft less living space and -$9,411 for being older. Net adjustment: -$44,323.
Adjusted -$34,912 for 198 sqft less living space and -$9,411 for being older. Net adjustment: -$44,323.
The Neighborhood
This home is valued 1.8% 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
typicalThis home is -1.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,284 across all districts. With a homestead exemption claimed, that drops to $2,756 — saving $1,528 per year. That's $230 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% | $2,191 |
| Taylor | City | 0.5850% | $1,205 |
| Williamson County | County | 0.3694% | $761 |
| Williamson County FM/Rd | County | 0.0443% | $91 |
| Lower Brushy Creek WCID | Water | 0.0169% | $35 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,284 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $222,507 would pay approximately $1,389 per month (principal and interest only, excluding taxes and insurance).