1312 WALLACE ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $45,570 and $96,045, with a best estimate of $93,271. 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
$93,271
$122,010
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in T517364I - NORTH OF LAKE DR WEST OF 95. The estimated range of $45,570 and $96,045 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$6,042 for 36 sqft less living space and -$34,150 for being older. Net adjustment: -$40,192.
Adjusted -$14,602 for 87 sqft less living space and +$11,383 for being newer. Net adjustment: -$3,219.
Adjusted -$3,525 for 21 sqft less living space and -$11,383 for being older. Net adjustment: -$14,908.
Adjusted -$64,451 for 384 sqft less living space and -$11,383 for being older. Net adjustment: -$75,834.
Adjusted +$11,413 for 68 sqft more living space and +$11,383 for being newer. Net adjustment: +$22,796.
The Neighborhood
This home is valued 49.6% 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
below averageThis home is -49.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,537 across all districts. With a homestead exemption claimed, that drops to $1,217 — saving $1,320 per year. That's $101 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% | $1,298 |
| Taylor | City | 0.5850% | $714 |
| Williamson County | County | 0.3694% | $451 |
| Williamson County FM/Rd | County | 0.0443% | $54 |
| Lower Brushy Creek WCID | Water | 0.0169% | $21 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $2,537 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $93,271 would pay approximately $582 per month (principal and interest only, excluding taxes and insurance).