1200 FAIRGROUNDS AVE, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $67,249 and $216,944, with a best estimate of $142,458. That places the property below 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
$142,458
$114,672
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 $67,249 and $216,944. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$15,684 for being older. Net adjustment: -$15,684.
Adjusted -$11,637 for 66 sqft less living space and -$5,228 for being older. Net adjustment: -$16,865.
Adjusted -$20,101 for 114 sqft less living space. Net adjustment: -$20,101.
Adjusted -$46,550 for 264 sqft less living space and +$15,684 for being newer and -$72,228 for no garage. Net adjustment: -$103,094.
Adjusted -$49,371 for 280 sqft less living space and -$5,228 for being older and -$72,228 for no garage. Net adjustment: -$126,827.
The Neighborhood
This home is valued 46.1% 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 -46.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,385 across all districts. With a homestead exemption claimed, that drops to $1,144 — saving $1,241 per year. That's $95 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% | $1,220 |
| Taylor | City | 0.5850% | $671 |
| Williamson County | County | 0.3694% | $424 |
| Williamson County FM/Rd | County | 0.0443% | $51 |
| Lower Brushy Creek WCID | Water | 0.0169% | $19 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $2,385 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $142,458 would pay approximately $889 per month (principal and interest only, excluding taxes and insurance).