2002 LATHAN LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $330,272 and $375,682, with a best estimate of $348,281. 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
$348,281
$330,596
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 $330,272 and $375,682. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$88,788 for 529 sqft more living space and -$22,766 for being older. Net adjustment: +$66,022.
Adjusted +$36,757 for 219 sqft more living space. Net adjustment: +$36,757.
Adjusted +$24,673 for 147 sqft more living space and +$11,383 for being newer. Net adjustment: +$36,056.
Adjusted +$62,605 for 373 sqft more living space and +$34,150 for being newer. Net adjustment: +$96,755.
Adjusted +$22,491 for 134 sqft more living space. Net adjustment: +$22,491.
The Neighborhood
This home is valued 36.7% 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 +36.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,875 across all districts. With a homestead exemption claimed, that drops to $5,324 — saving $1,551 per year. That's $444 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% | $3,517 |
| Taylor | City | 0.5850% | $1,934 |
| Williamson County | County | 0.3694% | $1,221 |
| Williamson County FM/Rd | County | 0.0443% | $147 |
| Lower Brushy Creek WCID | Water | 0.0169% | $56 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $6,875 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $348,281 would pay approximately $2,174 per month (principal and interest only, excluding taxes and insurance).