1505 PRATHER ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $132,971 and $242,257, with a best estimate of $237,487. That places the property above 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
$237,487
$162,626
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T516346I - SOUTH OF LAKE DR WEST OF 95, this home's estimated market value is between $132,971 and $242,257. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$4,937 for 28 sqft less living space and +$10,456 for being newer. Net adjustment: +$5,519.
Adjusted +$6,700 for 38 sqft more living space. Net adjustment: +$6,700.
Adjusted -$33,149 for 188 sqft less living space. Net adjustment: -$33,149.
Adjusted +$5,642 for 32 sqft more living space and -$2,091 for being older. Net adjustment: +$3,551.
Adjusted +$31,739 for 180 sqft more living space and -$2,091 for being older. Net adjustment: +$29,648.
The Neighborhood
This home is valued 23.5% 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 -23.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,382 across all districts. With a homestead exemption claimed, that drops to $1,862 — saving $1,520 per year. That's $155 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% | $1,730 |
| Taylor | City | 0.5850% | $951 |
| Williamson County | County | 0.3694% | $601 |
| Williamson County FM/Rd | County | 0.0443% | $72 |
| Lower Brushy Creek WCID | Water | 0.0169% | $28 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,382 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $237,487 would pay approximately $1,482 per month (principal and interest only, excluding taxes and insurance).