701 CR 473, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $323,954 and $652,704, with a best estimate of $496,342. That places the property above the X006330I - THRALL ISD NON-CITY median of $447,610, in a neighborhood that appreciated 2.2% over the past year.
Estimated Value Range
$496,342
$995,481
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 $323,954 and $652,704. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$146,419 for 594 sqft more living space and +$11,423 for being newer and -$134,735 for no garage. Net adjustment: +$23,107.
Adjusted +$38,700 for 157 sqft more living space and +$45,694 for being newer and -$134,735 for no garage. Net adjustment: -$50,341.
Adjusted +$137,298 for 557 sqft more living space and -$3,808 for being older. Net adjustment: +$133,490.
Adjusted +$158,004 for 641 sqft more living space and +$20,943 for being newer. Net adjustment: +$178,947.
Adjusted -$121,276 for 492 sqft less living space and +$38,078 for being newer and -$134,735 for no garage. Net adjustment: -$217,933.
The Neighborhood
This home is valued 122.4% above the X006330I - THRALL ISD NON-CITY median of $447,610. With 1,269 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.2% over the past year.
X006330I - THRALL ISD NON-CITY
outlier highThis home is +122.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $17,325 across all districts. With a homestead exemption claimed, that drops to $15,447 — saving $1,878 per year. That's $1,287 per month a buyer should budget. The assessed value increased +17.4% vs the subdivision average of +2.2%. This above-average increase gives a protest opportunity score of 95 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Thrall ISD | School | 1.2096% | $12,041 |
| Williamson County | County | 0.3694% | $3,678 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $995 |
| Williamson County FM/Rd | County | 0.0443% | $441 |
| Lower Brushy Creek WCID | Water | 0.0169% | $169 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7403% | $17,325 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $496,342 would pay approximately $3,098 per month (principal and interest only, excluding taxes and insurance).