1214 W LAKE DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $191,212 and $848,292, with a best estimate of $260,461. That places the property above 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
$260,461
$463,035
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 $191,212 and $848,292. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$20,309 for 121 sqft more living space and -$22,766 for being older and +$26,028 for having a garage. Net adjustment: +$23,571.
Adjusted +$70,158 for 418 sqft more living space and +$6,830 for being newer and +$26,028 for having a garage. Net adjustment: +$103,016.
Adjusted -$1,511 for 9 sqft less living space and -$91,066 for being older. Net adjustment: -$92,577.
Adjusted -$12,756 for 76 sqft less living space and -$132,045 for being older and +$26,028 for having a garage. Net adjustment: -$118,773.
Adjusted -$103,055 for 614 sqft less living space and -$68,299 for being older. Net adjustment: -$171,354.
The Neighborhood
This home is valued 91.4% above the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. With 871 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
outlier highThis home is +91.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,629 across all districts. With a homestead exemption claimed, that drops to $8,054 — saving $1,575 per year. That's $671 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% | $4,926 |
| Taylor | City | 0.5850% | $2,709 |
| Williamson County | County | 0.3694% | $1,711 |
| Williamson County FM/Rd | County | 0.0443% | $205 |
| Lower Brushy Creek WCID | Water | 0.0169% | $78 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $9,629 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $260,461 would pay approximately $1,626 per month (principal and interest only, excluding taxes and insurance).