4350 COUNTY ROAD 473, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $573 and $499,907, with a best estimate of $117,432. 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
$117,432
$55,246
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $573 and $499,907. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$12,019 for 126 sqft more living space and +$59,528 for being newer. Net adjustment: +$71,547.
Adjusted +$4,197 for 44 sqft more living space and -$83,340 for being older. Net adjustment: -$79,143.
Adjusted -$67,633 for 709 sqft less living space and -$11,906 for being older. Net adjustment: -$79,539.
Adjusted -$56,090 for 588 sqft less living space and +$65,481 for being newer. Net adjustment: +$9,391.
Adjusted -$26,328 for 276 sqft less living space and +$23,811 for being newer. Net adjustment: -$2,517.
The Neighborhood
This home is valued 69.2% 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 -69.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $842 across all districts. With a homestead exemption claimed, that drops to $238 — saving $604 per year. That's $20 per month a buyer should budget. The assessed value increased +8.7% vs the subdivision average of -0.7%. This above-average increase gives a protest opportunity score of 52 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Thrall ISD | School | 1.2096% | $585 |
| Williamson County | County | 0.3694% | $179 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $48 |
| Williamson County FM/Rd | County | 0.0443% | $21 |
| Lower Brushy Creek WCID | Water | 0.0169% | $8 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7403% | $842 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $117,432 would pay approximately $733 per month (principal and interest only, excluding taxes and insurance).