504 OTIS ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $134,780 and $229,617, with a best estimate of $185,243. That places the property below 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
$185,243
$189,072
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in T517364I - NORTH OF LAKE DR WEST OF 95. The estimated range of $134,780 and $229,617 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$7,049 for 42 sqft less living space and +$38,703 for being newer and +$26,028 for having a garage. Net adjustment: +$57,682.
Adjusted +$18,966 for 113 sqft more living space and -$66,023 for being older and +$26,028 for having a garage. Net adjustment: -$21,029.
Adjusted -$39,611 for 236 sqft less living space and +$11,383 for being newer and +$26,028 for having a garage. Net adjustment: -$2,200.
Adjusted +$21,819 for 130 sqft more living space and +$45,533 for being newer and +$26,028 for having a garage. Net adjustment: +$93,380.
Adjusted -$58,073 for 346 sqft less living space and +$31,873 for being newer and +$26,028 for having a garage. Net adjustment: -$172.
The Neighborhood
This home is valued 21.8% below the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
below averageThis home is -21.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,932 across all districts. With a homestead exemption claimed, that drops to $2,408 — saving $1,524 per year. That's $201 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% | $2,011 |
| Taylor | City | 0.5850% | $1,106 |
| Williamson County | County | 0.3694% | $699 |
| Williamson County FM/Rd | County | 0.0443% | $84 |
| Lower Brushy Creek WCID | Water | 0.0169% | $32 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,932 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $185,243 would pay approximately $1,156 per month (principal and interest only, excluding taxes and insurance).