741 CR 474, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $193,665 and $860,495, with a best estimate of $627,415. 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
$627,415
$370,019
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in X006330I - THRALL ISD NON-CITY. The estimated range of $193,665 and $860,495 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$28,101 for 114 sqft more living space and +$9,520 for being newer. Net adjustment: +$37,621.
Adjusted +$106,486 for 432 sqft more living space and +$9,520 for being newer and +$134,735 for having a garage. Net adjustment: +$250,741.
Adjusted -$115,114 for 467 sqft less living space and +$3,808 for being newer and +$134,735 for having a garage. Net adjustment: +$23,429.
Adjusted -$31,058 for 126 sqft less living space and +$17,135 for being newer and +$134,735 for having a garage. Net adjustment: +$120,812.
Adjusted -$31,058 for 126 sqft less living space and +$19,039 for being newer and +$134,735 for having a garage. Net adjustment: +$122,716.
The Neighborhood
This home is valued 17.3% below the X006330I - THRALL ISD NON-CITY median of $447,610. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 2.2% over the past year.
X006330I - THRALL ISD NON-CITY
below averageThis home is -17.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,377 across all districts. With a homestead exemption claimed, that drops to $4,615 — saving $1,762 per year. That's $385 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 |
|---|---|---|---|
| Thrall ISD | School | 1.2096% | $4,476 |
| Williamson County | County | 0.3694% | $1,367 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $370 |
| Williamson County FM/Rd | County | 0.0443% | $164 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $6,377 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $627,415 would pay approximately $3,916 per month (principal and interest only, excluding taxes and insurance).