1401 WALLACE ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $97,336 and $241,830, with a best estimate of $125,781. That places the property below the T520255I - NORTH POINT - SMITH - BOHLS ADDITION median of $223,655, in a neighborhood that declined 10.0% over the past year.
Estimated Value Range
$125,781
$174,890
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $97,336 and $241,830. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$37,646 for 228 sqft less living space and -$2,016 for being older. Net adjustment: -$39,662.
Adjusted +$12,549 for 76 sqft more living space and +$4,032 for being newer. Net adjustment: +$16,581.
Adjusted -$64,890 for 393 sqft less living space and -$14,112 for being older and -$12,970 for no garage. Net adjustment: -$91,972.
Adjusted +$7,925 for 48 sqft more living space and +$50,400 for being newer. Net adjustment: +$58,325.
Adjusted -$19,484 for 118 sqft less living space and -$20,160 for being older. Net adjustment: -$39,644.
The Neighborhood
This home is valued 21.8% below the T520255I - NORTH POINT - SMITH - BOHLS ADDITION median of $223,655. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 10.0% over the past year.
T520255I - NORTH POINT - SMITH - BOHLS ADDITION
below averageThis home is -21.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,637 across all districts. With a homestead exemption claimed, that drops to $2,115 — saving $1,522 per year. That's $176 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% | $1,860 |
| Taylor | City | 0.5850% | $1,023 |
| Williamson County | County | 0.3694% | $646 |
| Williamson County FM/Rd | County | 0.0443% | $78 |
| Lower Brushy Creek WCID | Water | 0.0169% | $30 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $3,637 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $125,781 would pay approximately $785 per month (principal and interest only, excluding taxes and insurance).