1820 LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $163,010 and $524,576, with a best estimate of $263,111. That places the property below the T542 - H3-H5 median of $362,038, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$263,111
$383,283
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $163,010 and $524,576. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$63,940 for 298 sqft less living space. Net adjustment: -$63,940.
Adjusted -$134,746 for 628 sqft less living space and -$6,414 for being older. Net adjustment: -$141,160.
Adjusted -$302,535 for 1,410 sqft less living space and +$32,068 for being newer. Net adjustment: -$270,467.
Adjusted -$155,773 for 726 sqft less living space and +$80,170 for being newer. Net adjustment: -$75,603.
Adjusted -$323,777 for 1,509 sqft less living space and +$64,136 for being newer and -$64,811 for no garage. Net adjustment: -$324,452.
The Neighborhood
This home is valued 5.9% above the T542 - H3-H5 median of $362,038. With 314 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.9% over the past year.
T542 - H3-H5
typicalThis home is +5.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,165 across all districts. With a homestead exemption claimed, that drops to $4,621 — saving $1,544 per year. That's $385 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% | $3,154 |
| Taylor | City | 0.5850% | $1,734 |
| Williamson County | County | 0.3694% | $1,095 |
| Williamson County FM/Rd | County | 0.0443% | $131 |
| Lower Brushy Creek WCID | Water | 0.0169% | $50 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $6,165 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $263,111 would pay approximately $1,642 per month (principal and interest only, excluding taxes and insurance).