502 E LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $220,054 and $286,332, with a best estimate of $259,936. That places the property above the T518376I - EAST OF 95 median of $203,899, in a neighborhood that appreciated 7.1% over the past year.
Estimated Value Range
$259,936
$299,181
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in T518376I - EAST OF 95. The estimated range of $220,054 and $286,332 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$60,368 for 363 sqft more living space and -$53,422 for no garage. Net adjustment: +$6,946.
Adjusted -$39,580 for 238 sqft less living space and +$25,089 for being newer and -$53,422 for no garage. Net adjustment: -$67,913.
Adjusted -$46,232 for 278 sqft less living space and +$22,998 for being newer and -$53,422 for no garage. Net adjustment: -$76,656.
Adjusted -$31,764 for 191 sqft less living space and +$22,998 for being newer and -$53,422 for no garage. Net adjustment: -$62,188.
Adjusted -$10,311 for 62 sqft less living space and +$34,497 for being newer and -$53,422 for no garage. Net adjustment: -$29,236.
The Neighborhood
This home is valued 46.7% above the T518376I - EAST OF 95 median of $203,899. With 253 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 7.1% over the past year.
T518376I - EAST OF 95
above averageThis home is +46.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,059 across all districts. With a homestead exemption claimed, that drops to $3,524 — saving $1,535 per year. That's $294 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% | $2,588 |
| Taylor | City | 0.5850% | $1,423 |
| Williamson County | County | 0.3694% | $899 |
| Williamson County FM/Rd | County | 0.0443% | $108 |
| Lower Brushy Creek WCID | Water | 0.0169% | $41 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,059 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $259,936 would pay approximately $1,623 per month (principal and interest only, excluding taxes and insurance).