408 5TH ST W, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $120,290 and $232,272, with a best estimate of $195,078. That places the property above the T541 - H1 & H2 median of $191,238, in a neighborhood that declined 12.0% over the past year.
Estimated Value Range
$195,078
$123,667
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T541 - H1 & H2, this home's estimated market value is between $120,290 and $232,272. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$1,882 for 12 sqft less living space and +$768 for being newer. Net adjustment: -$1,114.
Adjusted -$28,536 for 182 sqft less living space and -$1,535 for being older and -$27,644 for no pool and -$36,603 for no garage. Net adjustment: -$94,318.
Adjusted -$61,776 for 394 sqft less living space and -$768 for being older. Net adjustment: -$62,544.
Adjusted +$21,324 for 136 sqft more living space and -$768 for being older. Net adjustment: +$20,556.
Adjusted -$12,543 for 80 sqft less living space and +$768 for being newer. Net adjustment: -$11,775.
The Neighborhood
This home is valued 35.3% below the T541 - H1 & H2 median of $191,238. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 12.0% over the past year.
T541 - H1 & H2
below averageThis home is -35.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,572 across all districts. With a homestead exemption claimed, that drops to $1,233 — saving $1,339 per year. That's $103 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% | $1,316 |
| Taylor | City | 0.5850% | $723 |
| Williamson County | County | 0.3694% | $457 |
| Williamson County FM/Rd | County | 0.0443% | $55 |
| Lower Brushy Creek WCID | Water | 0.0169% | $21 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $2,572 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $195,078 would pay approximately $1,218 per month (principal and interest only, excluding taxes and insurance).