1307 LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $251,551 and $613,117, with a best estimate of $351,651. That places the property below the T542 - H3-H5 median of $362,038, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$351,651
$435,819
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $251,551 and $613,117. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$28,752 for 134 sqft less living space and +$41,688 for being newer. Net adjustment: +$12,936.
Adjusted -$175,513 for 818 sqft less living space and -$6,414 for being older. Net adjustment: -$181,927.
Adjusted -$7,724 for 36 sqft less living space and -$44,895 for being older. Net adjustment: -$52,619.
Adjusted +$63,082 for 294 sqft more living space and -$38,481 for being older. Net adjustment: +$24,601.
Adjusted -$196,755 for 917 sqft less living space and +$25,654 for being newer and -$64,811 for no garage. Net adjustment: -$235,912.
The Neighborhood
This home is valued 20.4% 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
above averageThis home is +20.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,063 across all districts. With a homestead exemption claimed, that drops to $7,493 — saving $1,570 per year. That's $624 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% | $4,636 |
| Taylor | City | 0.5850% | $2,550 |
| Williamson County | County | 0.3694% | $1,610 |
| Williamson County FM/Rd | County | 0.0443% | $193 |
| Lower Brushy Creek WCID | Water | 0.0169% | $74 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $9,063 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $351,651 would pay approximately $2,195 per month (principal and interest only, excluding taxes and insurance).