2306 LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $193,327 and $324,513, with a best estimate of $282,108. 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
$282,108
$300,650
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 $193,327 and $324,513. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$138,134 for 823 sqft less living space and -$4,553 for being older and +$26,028 for having a garage. Net adjustment: -$116,659.
Adjusted -$14,602 for 87 sqft less living space. Net adjustment: -$14,602.
Adjusted -$7,889 for 47 sqft less living space and +$4,553 for being newer. Net adjustment: -$3,336.
Adjusted -$105,908 for 631 sqft less living space and +$6,830 for being newer. Net adjustment: -$99,078.
Adjusted -$126,888 for 756 sqft less living space and +$36,426 for being newer. Net adjustment: -$90,462.
The Neighborhood
This home is valued 24.3% 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
above averageThis home is +24.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,252 across all districts. With a homestead exemption claimed, that drops to $4,707 — saving $1,545 per year. That's $392 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% | $3,198 |
| Taylor | City | 0.5850% | $1,759 |
| Williamson County | County | 0.3694% | $1,111 |
| Williamson County FM/Rd | County | 0.0443% | $133 |
| Lower Brushy Creek WCID | Water | 0.0169% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $6,252 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $282,108 would pay approximately $1,761 per month (principal and interest only, excluding taxes and insurance).