707 OTIS ST, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $91,985 and $196,077, with a best estimate of $156,951. 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
$156,951
$176,367
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in T517364I - NORTH OF LAKE DR WEST OF 95. The estimated range of $91,985 and $196,077 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$1,343 for 8 sqft less living space and -$52,363 for being older and -$10,659 for no pool and -$26,028 for no garage. Net adjustment: -$90,393.
Adjusted -$58,409 for 348 sqft less living space and -$40,980 for being older and -$26,028 for no garage. Net adjustment: -$125,417.
Adjusted -$36,925 for 220 sqft less living space and -$63,746 for being older. Net adjustment: -$100,671.
Adjusted -$44,646 for 266 sqft less living space and -$40,980 for being older. Net adjustment: -$85,626.
Adjusted +$13,931 for 83 sqft more living space and -$63,746 for being older. Net adjustment: -$49,815.
The Neighborhood
This home is valued 27.1% below the T517364I - NORTH OF LAKE DR WEST OF 95 median of $241,901. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 11.4% over the past year.
T517364I - NORTH OF LAKE DR WEST OF 95
below averageThis home is -27.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,652 across all districts. With a homestead exemption claimed, that drops to $1,272 — saving $1,380 per year. That's $106 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% | $1,357 |
| Taylor | City | 0.5850% | $746 |
| Williamson County | County | 0.3694% | $471 |
| Williamson County FM/Rd | County | 0.0443% | $57 |
| Lower Brushy Creek WCID | Water | 0.0169% | $22 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $2,652 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $156,951 would pay approximately $980 per month (principal and interest only, excluding taxes and insurance).