506 FOREST CT, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $159,707 and $232,962, with a best estimate of $199,315. That places the property below 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
$199,315
$232,825
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 $159,707 and $232,962. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$18,798 for 112 sqft more living space and +$26,028 for having a garage. Net adjustment: +$44,826.
Adjusted +$10,070 for 60 sqft more living space and +$26,028 for having a garage. Net adjustment: +$36,098.
Adjusted +$5,203 for 31 sqft more living space. Net adjustment: +$5,203.
Adjusted +$19,637 for 117 sqft more living space and -$11,383 for being older. Net adjustment: +$8,254.
Adjusted -$11,383 for being older. Net adjustment: -$11,383.
The Neighborhood
This home is valued 3.8% below the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
typicalThis home is -3.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,787 across all districts. With a homestead exemption claimed, that drops to $3,256 — saving $1,531 per year. That's $271 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% | $2,449 |
| Taylor | City | 0.5850% | $1,347 |
| Williamson County | County | 0.3694% | $851 |
| Williamson County FM/Rd | County | 0.0443% | $102 |
| Lower Brushy Creek WCID | Water | 0.0169% | $39 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,787 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $199,315 would pay approximately $1,244 per month (principal and interest only, excluding taxes and insurance).