303 S RIO GRANDE ST, GRANGER, TX 76530
GRANGER, 76530 — williamson County
Property at a Glance
This home is estimated between $-111,302 and $157,322, with a best estimate of $-19,258. That places the property below the AM40SDXI - MH EAST median of $179,286, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$-19,258
$44,118
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $-111,302 and $157,322. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$33,006 for 346 sqft more living space and +$77,387 for being newer. Net adjustment: +$110,393.
Adjusted -$132,022 for 1,384 sqft less living space and +$17,858 for being newer. Net adjustment: -$114,164.
Adjusted -$5,342 for 56 sqft less living space and -$184,538 for being older. Net adjustment: -$189,880.
Adjusted -$64,485 for 676 sqft less living space and -$160,726 for being older. Net adjustment: -$225,211.
Adjusted +$21,368 for 224 sqft more living space and -$196,443 for being older. Net adjustment: -$175,075.
The Neighborhood
This home is valued 75.4% below the AM40SDXI - MH EAST median of $179,286. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.7% over the past year.
AM40SDXI - MH EAST
outlier lowThis home is -75.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $1,087 across all districts. With a homestead exemption claimed, that drops to $535 — saving $552 per year. That's $45 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 |
|---|---|---|---|
| Granger ISD | School | 1.2093% | $534 |
| Granger | City | 0.8400% | $371 |
| Williamson County | County | 0.3694% | $163 |
| Williamson County FM/Rd | County | 0.0443% | $20 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4631% | $1,087 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $-19,258 would pay approximately $-120 per month (principal and interest only, excluding taxes and insurance).