424 LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $122,590 and $320,443, with a best estimate of $160,665. 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
$160,665
$208,577
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $122,590 and $320,443. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$336 for 2 sqft more living space and +$15,937 for being newer. Net adjustment: +$16,273.
Adjusted -$17,120 for 102 sqft less living space and -$100,172 for being older and -$26,028 for no garage. Net adjustment: -$143,320.
Adjusted -$23,834 for 142 sqft less living space and -$104,726 for being older and -$26,028 for no garage. Net adjustment: -$154,588.
Adjusted -$9,231 for 55 sqft less living space and -$104,726 for being older and -$26,028 for no garage. Net adjustment: -$139,985.
Adjusted -$237,664 for 1,416 sqft less living space and -$45,533 for being older and -$26,028 for no garage. Net adjustment: -$309,225.
The Neighborhood
This home is valued 13.8% 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
typicalThis home is -13.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,337 across all districts. With a homestead exemption claimed, that drops to $2,810 — saving $1,527 per year. That's $234 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% | $2,219 |
| Taylor | City | 0.5850% | $1,220 |
| Williamson County | County | 0.3694% | $771 |
| Williamson County FM/Rd | County | 0.0443% | $92 |
| Lower Brushy Creek WCID | Water | 0.0169% | $35 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,337 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $160,665 would pay approximately $1,003 per month (principal and interest only, excluding taxes and insurance).