503 MARTIN LUTHER KING JR BLVD, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $160,357 and $348,276, with a best estimate of $278,495. That places the property above the T501D29I - Cty Taylor South Various median of $135,855, in a neighborhood that declined 3.7% over the past year.
Estimated Value Range
$278,495
$288,994
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T501D29I - Cty Taylor South Various, this home's estimated market value is between $160,357 and $348,276. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$47,674 for 338 sqft more living space and +$1,729 for being newer. Net adjustment: +$49,403.
Adjusted +$42,878 for 304 sqft more living space and +$8,643 for being newer and -$149,142 for no garage. Net adjustment: -$97,621.
Adjusted -$25,953 for 184 sqft less living space and +$141,747 for being newer and -$21,844 for no pool. Net adjustment: +$93,950.
Adjusted +$33,569 for 238 sqft more living space and +$159,033 for being newer. Net adjustment: +$192,602.
Adjusted +$38,929 for 276 sqft more living space and +$141,747 for being newer. Net adjustment: +$180,676.
The Neighborhood
This home is valued 112.7% above the T501D29I - Cty Taylor South Various median of $135,855. With 487 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.7% over the past year.
T501D29I - Cty Taylor South Various
outlier highThis home is +112.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,010 across all districts. With a homestead exemption claimed, that drops to $4,467 — saving $1,543 per year. That's $372 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% | $3,074 |
| Taylor | City | 0.5850% | $1,691 |
| Williamson County | County | 0.3694% | $1,068 |
| Williamson County FM/Rd | County | 0.0443% | $128 |
| Lower Brushy Creek WCID | Water | 0.0169% | $49 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $6,010 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $278,495 would pay approximately $1,738 per month (principal and interest only, excluding taxes and insurance).