400 DRAKE LN, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $183,856 and $296,779, with a best estimate of $269,537. 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
$269,537
$243,596
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 $183,856 and $296,779. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$22,826 for 136 sqft more living space and +$2,277 for being newer. Net adjustment: +$25,103.
Adjusted -$164,485 for 980 sqft less living space and +$11,383 for being newer. Net adjustment: -$153,102.
Adjusted +$36,254 for 216 sqft more living space and -$29,596 for being older. Net adjustment: +$6,658.
Adjusted +$38,436 for 229 sqft more living space and +$4,553 for being newer. Net adjustment: +$42,989.
Adjusted -$34,240 for 204 sqft less living space and +$11,383 for being newer. Net adjustment: -$22,857.
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 +0.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,066 across all districts. With a homestead exemption claimed, that drops to $3,531 — saving $1,535 per year. That's $294 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% | $2,591 |
| Taylor | City | 0.5850% | $1,425 |
| Williamson County | County | 0.3694% | $900 |
| Williamson County FM/Rd | County | 0.0443% | $108 |
| Lower Brushy Creek WCID | Water | 0.0169% | $41 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,066 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $269,537 would pay approximately $1,682 per month (principal and interest only, excluding taxes and insurance).