1406 SUMMIT CIR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $186,639 and $236,402, with a best estimate of $219,568. 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
$219,568
$201,394
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 $186,639 and $236,402. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$11,917 for 71 sqft less living space. Net adjustment: -$11,917.
Adjusted -$27,694 for 165 sqft less living space. Net adjustment: -$27,694.
Adjusted -$28,701 for 171 sqft less living space and +$11,383 for being newer. Net adjustment: -$17,318.
Adjusted +$8,056 for 48 sqft more living space. Net adjustment: +$8,056.
Adjusted -$25,176 for 150 sqft less living space and +$26,028 for having a garage. Net adjustment: +$852.
The Neighborhood
This home is valued 16.7% 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 -16.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,188 across all districts. With a homestead exemption claimed, that drops to $2,662 — saving $1,526 per year. That's $222 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% | $2,142 |
| Taylor | City | 0.5850% | $1,178 |
| Williamson County | County | 0.3694% | $744 |
| Williamson County FM/Rd | County | 0.0443% | $89 |
| Lower Brushy Creek WCID | Water | 0.0169% | $34 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,188 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $219,568 would pay approximately $1,371 per month (principal and interest only, excluding taxes and insurance).