505 12TH ST W, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $81,042 and $164,814, with a best estimate of $111,811. That places the property below the T541 - H1 & H2 median of $191,238, in a neighborhood that declined 12.0% over the past year.
Estimated Value Range
$111,811
$167,709
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 $81,042 and $164,814. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$20,226 for 129 sqft less living space and +$1,535 for being newer. Net adjustment: -$18,691.
Adjusted +$3,136 for 20 sqft more living space and +$1,535 for being newer. Net adjustment: +$4,671.
Adjusted -$43,432 for 277 sqft less living space and +$3,070 for being newer. Net adjustment: -$40,362.
Adjusted -$70,086 for 447 sqft less living space and +$768 for being newer and -$27,644 for no pool and -$36,603 for no garage. Net adjustment: -$133,565.
Adjusted +$13,484 for 86 sqft more living space and +$3,070 for being newer. Net adjustment: +$16,554.
The Neighborhood
This home is valued 12.3% below the T541 - H1 & H2 median of $191,238. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 12.0% over the past year.
T541 - H1 & H2
typicalThis home is -12.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,342 across all districts. With a homestead exemption claimed, that drops to $1,123 — saving $1,219 per year. That's $94 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% | $1,198 |
| Taylor | City | 0.5850% | $659 |
| Williamson County | County | 0.3694% | $416 |
| Williamson County FM/Rd | County | 0.0443% | $50 |
| Lower Brushy Creek WCID | Water | 0.0169% | $19 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $2,342 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $111,811 would pay approximately $698 per month (principal and interest only, excluding taxes and insurance).