1515 LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $474,462 and $690,356, with a best estimate of $556,271. That places the property above the T542 - H3-H5 median of $362,038, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$556,271
$533,578
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T542 - H3-H5, this home's estimated market value is between $474,462 and $690,356. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$21,242 for 99 sqft less living space and +$32,068 for being newer and -$64,811 for no garage. Net adjustment: -$53,985.
Adjusted -$4,935 for 23 sqft less living space and +$32,068 for being newer. Net adjustment: +$27,133.
Adjusted +$23,817 for 111 sqft more living space and -$32,068 for being older. Net adjustment: -$8,251.
Adjusted +$146,762 for 684 sqft more living space and +$48,102 for being newer. Net adjustment: +$194,864.
Adjusted +$21,242 for 99 sqft more living space and -$16,034 for being older. Net adjustment: +$5,208.
The Neighborhood
This home is valued 47.4% 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
above averageThis home is +47.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,571 across all districts. With a homestead exemption claimed, that drops to $7,005 — saving $1,566 per year. That's $584 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% | $4,385 |
| Taylor | City | 0.5850% | $2,411 |
| Williamson County | County | 0.3694% | $1,523 |
| Williamson County FM/Rd | County | 0.0443% | $183 |
| Lower Brushy Creek WCID | Water | 0.0169% | $70 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $8,571 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $556,271 would pay approximately $3,472 per month (principal and interest only, excluding taxes and insurance).