980 CR 474, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $97,802 and $407,361, with a best estimate of $203,735. That places the property below the X006330I - THRALL ISD NON-CITY median of $447,610, in a neighborhood that appreciated 2.2% over the past year.
Estimated Value Range
$203,735
$442,465
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 $97,802 and $407,361 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$7,395 for 30 sqft less living space. Net adjustment: -$7,395.
Adjusted +$21,692 for 88 sqft more living space and -$1,904 for being older. Net adjustment: +$19,788.
Adjusted -$106,486 for 432 sqft less living space and +$11,423 for being newer. Net adjustment: -$95,063.
Adjusted -$27,608 for 112 sqft less living space and +$45,694 for being newer. Net adjustment: +$18,086.
Adjusted -$197,690 for 802 sqft less living space and +$24,751 for being newer. Net adjustment: -$172,939.
The Neighborhood
This home is valued 1.1% 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
typicalThis home is -1.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,701 across all districts. With a homestead exemption claimed, that drops to $979 — saving $1,722 per year. That's $82 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% | $1,896 |
| Williamson County | County | 0.3694% | $579 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $157 |
| Williamson County FM/Rd | County | 0.0443% | $69 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $2,701 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $203,735 would pay approximately $1,272 per month (principal and interest only, excluding taxes and insurance).