2205 LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $535,252 and $788,282, with a best estimate of $572,032. That places the property above the T542 - H3-H5 median of $362,038, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$572,032
$836,675
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T542 - H3-H5, this home's estimated market value is between $535,252 and $788,282. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$16,307 for 76 sqft less living space and +$32,068 for being newer. Net adjustment: +$15,761.
Adjusted +$4,935 for 23 sqft more living space and +$16,034 for being newer. Net adjustment: +$20,969.
Adjusted +$68,660 for 320 sqft more living space and -$25,654 for being older. Net adjustment: +$43,006.
Adjusted -$32,185 for 150 sqft less living space and +$28,861 for being newer. Net adjustment: -$3,324.
Adjusted -$272,067 for 1,268 sqft less living space. Net adjustment: -$272,067.
The Neighborhood
This home is valued 131.1% above the T542 - H3-H5 median of $362,038. With 314 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.9% over the past year.
T542 - H3-H5
outlier highThis home is +131.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,408 across all districts. With a homestead exemption claimed, that drops to $10,808 — saving $1,600 per year. That's $901 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% | $6,347 |
| Taylor | City | 0.5850% | $3,490 |
| Williamson County | County | 0.3694% | $2,204 |
| Williamson County FM/Rd | County | 0.0443% | $264 |
| Lower Brushy Creek WCID | Water | 0.0169% | $101 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $12,408 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $572,032 would pay approximately $3,571 per month (principal and interest only, excluding taxes and insurance).