1400 GRACE ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $88,940 and $217,701, with a best estimate of $150,719. 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
$150,719
$136,980
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 $88,940 and $217,701 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$19,396 for 110 sqft less living space and +$9,411 for being newer. Net adjustment: -$9,985.
Adjusted +$3,174 for 18 sqft more living space and +$26,141 for being newer. Net adjustment: +$29,315.
Adjusted -$15,164 for 86 sqft less living space and +$15,684 for being newer. Net adjustment: +$520.
Adjusted -$48,490 for 275 sqft less living space and +$3,137 for being newer and -$72,228 for no garage. Net adjustment: -$117,581.
Adjusted -$1,058 for 6 sqft less living space and +$15,684 for being newer. Net adjustment: +$14,626.
The Neighborhood
This home is valued 35.6% 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 -35.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,849 across all districts. With a homestead exemption claimed, that drops to $1,366 — saving $1,483 per year. That's $114 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% | $1,457 |
| Taylor | City | 0.5850% | $801 |
| Williamson County | County | 0.3694% | $506 |
| Williamson County FM/Rd | County | 0.0443% | $61 |
| Lower Brushy Creek WCID | Water | 0.0169% | $23 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $2,849 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $150,719 would pay approximately $941 per month (principal and interest only, excluding taxes and insurance).