1318 GRACE ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $101,054 and $212,752, with a best estimate of $162,832. That places the property below the T516346I - SOUTH OF LAKE DR WEST OF 95 median of $212,609, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$162,832
$120,558
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in T516346I - SOUTH OF LAKE DR WEST OF 95. The estimated range of $101,054 and $212,752 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$22,570 for 128 sqft more living space and -$10,456 for being older. Net adjustment: +$12,114.
Adjusted +$3,174 for 18 sqft more living space and -$1,046 for being older. Net adjustment: +$2,128.
Adjusted +$56,777 for 322 sqft more living space and +$2,091 for being newer. Net adjustment: +$58,868.
Adjusted +$25,744 for 146 sqft more living space and +$15,684 for being newer. Net adjustment: +$41,428.
Adjusted -$25,920 for 147 sqft less living space and -$7,319 for being older and -$72,228 for no garage. Net adjustment: -$105,467.
The Neighborhood
This home is valued 43.3% below the T516346I - SOUTH OF LAKE DR WEST OF 95 median of $212,609. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
T516346I - SOUTH OF LAKE DR WEST OF 95
below averageThis home is -43.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,507 across all districts. With a homestead exemption claimed, that drops to $1,202 — saving $1,305 per year. That's $100 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% | $1,282 |
| Taylor | City | 0.5850% | $705 |
| Williamson County | County | 0.3694% | $445 |
| Williamson County FM/Rd | County | 0.0443% | $53 |
| Lower Brushy Creek WCID | Water | 0.0169% | $20 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $2,507 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $162,832 would pay approximately $1,016 per month (principal and interest only, excluding taxes and insurance).