420 LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $217,929 and $428,850, with a best estimate of $277,522. 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
$277,522
$314,022
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 $217,929 and $428,850. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$8,780 for 56 sqft less living space and -$768 for being older. Net adjustment: -$9,548.
Adjusted +$35,435 for 226 sqft more living space and -$2,303 for being older. Net adjustment: +$33,132.
Adjusted -$179,058 for 1,142 sqft less living space. Net adjustment: -$179,058.
Adjusted +$89,058 for 568 sqft more living space and -$1,535 for being older. Net adjustment: +$87,523.
Adjusted +$88,431 for 564 sqft more living space. Net adjustment: +$88,431.
The Neighborhood
This home is valued 64.2% above the T541 - H1 & H2 median of $191,238. With 634 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 12.0% over the past year.
T541 - H1 & H2
outlier highThis home is +64.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $3,764 across all districts. With a homestead exemption claimed, that drops to $2,241 — saving $1,523 per year. That's $187 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% | $1,926 |
| Taylor | City | 0.5850% | $1,059 |
| Williamson County | County | 0.3694% | $669 |
| Williamson County FM/Rd | County | 0.0443% | $80 |
| Lower Brushy Creek WCID | Water | 0.0169% | $31 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,764 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $277,522 would pay approximately $1,732 per month (principal and interest only, excluding taxes and insurance).