206 DRAKE LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $222,745 and $253,209, with a best estimate of $228,908. 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
$228,908
$228,836
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 $222,745 and $253,209. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$336 for 2 sqft less living space. Net adjustment: -$336.
Adjusted -$2,014 for 12 sqft less living space. Net adjustment: -$2,014.
Adjusted -$4,700 for 28 sqft less living space. Net adjustment: -$4,700.
Adjusted -$8,392 for 50 sqft less living space. Net adjustment: -$8,392.
Adjusted +$9,063 for 54 sqft more living space. Net adjustment: +$9,063.
The Neighborhood
This home is valued 5.4% 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 -5.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,759 across all districts. With a homestead exemption claimed, that drops to $3,227 — saving $1,532 per year. That's $269 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% | $2,434 |
| Taylor | City | 0.5850% | $1,339 |
| Williamson County | County | 0.3694% | $845 |
| Williamson County FM/Rd | County | 0.0443% | $101 |
| Lower Brushy Creek WCID | Water | 0.0169% | $39 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $4,759 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $228,908 would pay approximately $1,429 per month (principal and interest only, excluding taxes and insurance).