1616 N LYNN ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $87,666 and $186,816, with a best estimate of $98,525. 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
$98,525
$133,377
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 $87,666 and $186,816. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$11,078 for 66 sqft less living space. Net adjustment: -$11,078.
Adjusted -$54,045 for 322 sqft less living space. Net adjustment: -$54,045.
Adjusted -$4,364 for 26 sqft less living space and -$26,028 for no garage. Net adjustment: -$30,392.
Adjusted -$44,646 for 266 sqft less living space. Net adjustment: -$44,646.
Adjusted -$26,519 for 158 sqft less living space. Net adjustment: -$26,519.
The Neighborhood
This home is valued 44.9% 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 -44.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,774 across all districts. With a homestead exemption claimed, that drops to $1,330 — saving $1,444 per year. That's $111 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% | $1,419 |
| Taylor | City | 0.5850% | $780 |
| Williamson County | County | 0.3694% | $493 |
| Williamson County FM/Rd | County | 0.0443% | $59 |
| Lower Brushy Creek WCID | Water | 0.0169% | $23 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $2,774 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $98,525 would pay approximately $615 per month (principal and interest only, excluding taxes and insurance).