2005 LYNN ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $195,145 and $329,250, with a best estimate of $242,207. 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
$242,207
$368,014
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 $195,145 and $329,250. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$16,952 for 101 sqft less living space and -$25,043 for being older and +$26,028 for having a garage. Net adjustment: -$15,967.
Adjusted +$44,310 for 264 sqft more living space and -$91,066 for being older. Net adjustment: -$46,756.
Adjusted +$61,430 for 366 sqft more living space and -$38,703 for being older and +$26,028 for having a garage. Net adjustment: +$48,755.
Adjusted +$71,668 for 427 sqft more living space and -$97,896 for being older. Net adjustment: -$26,228.
Adjusted +$72,172 for 430 sqft more living space and -$34,150 for being older and +$26,028 for having a garage. Net adjustment: +$64,050.
The Neighborhood
This home is valued 52.1% 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 +52.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,653 across all districts. With a homestead exemption claimed, that drops to $6,096 — saving $1,557 per year. That's $508 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% | $3,915 |
| Taylor | City | 0.5850% | $2,153 |
| Williamson County | County | 0.3694% | $1,360 |
| Williamson County FM/Rd | County | 0.0443% | $163 |
| Lower Brushy Creek WCID | Water | 0.0169% | $62 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $7,653 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $242,207 would pay approximately $1,512 per month (principal and interest only, excluding taxes and insurance).