411 VELMA DR, TAYLOR, TX 76574
TAYLOR, 76574 — williamson County
Property at a Glance
This home is estimated between $339,036 and $352,279, with a best estimate of $348,860. 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
$348,860
$256,389
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 $339,036 and $352,279. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$124,035 for 739 sqft more living space. Net adjustment: +$124,035.
Adjusted +$122,524 for 730 sqft more living space and +$2,277 for being newer. Net adjustment: +$124,801.
Adjusted +$108,090 for 644 sqft more living space and +$2,277 for being newer. Net adjustment: +$110,367.
Adjusted +$129,406 for 771 sqft more living space. Net adjustment: +$129,406.
Adjusted +$127,895 for 762 sqft more living space. Net adjustment: +$127,895.
The Neighborhood
This home is valued 6.0% 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
typicalThis home is +6.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,332 across all districts. With a homestead exemption claimed, that drops to $3,795 — saving $1,537 per year. That's $316 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% | $2,727 |
| Taylor | City | 0.5850% | $1,500 |
| Williamson County | County | 0.3694% | $947 |
| Williamson County FM/Rd | County | 0.0443% | $114 |
| Lower Brushy Creek WCID | Water | 0.0169% | $43 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0795% | $5,332 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $348,860 would pay approximately $2,178 per month (principal and interest only, excluding taxes and insurance).