409 VELMA DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $174,216 and $187,458, with a best estimate of $184,040. 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
$184,040
$242,451
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in T517364I - NORTH OF LAKE DR WEST OF 95, this home's estimated market value is between $174,216 and $187,458. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$40,786 for 243 sqft less living space. Net adjustment: -$40,786.
Adjusted -$42,296 for 252 sqft less living space and +$2,277 for being newer. Net adjustment: -$40,019.
Adjusted -$56,730 for 338 sqft less living space and +$2,277 for being newer. Net adjustment: -$54,453.
Adjusted -$35,415 for 211 sqft less living space. Net adjustment: -$35,415.
Adjusted -$36,925 for 220 sqft less living space. Net adjustment: -$36,925.
The Neighborhood
This home is in line with the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
typicalThis home is +0.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,042 across all districts. With a homestead exemption claimed, that drops to $3,508 — saving $1,534 per year. That's $292 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% | $2,579 |
| Taylor | City | 0.5850% | $1,418 |
| Williamson County | County | 0.3694% | $896 |
| Williamson County FM/Rd | County | 0.0443% | $107 |
| Lower Brushy Creek WCID | Water | 0.0169% | $41 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,042 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $184,040 would pay approximately $1,149 per month (principal and interest only, excluding taxes and insurance).