18600 FM 619, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $65,873 and $701,374, with a best estimate of $337,900. 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
$337,900
$380,217
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in X006330I - THRALL ISD NON-CITY, this home's estimated market value is between $65,873 and $701,374. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$96,133 for 390 sqft less living space and -$38,078 for being older. Net adjustment: -$134,211.
Adjusted +$52,257 for 212 sqft more living space and -$32,366 for being older and -$42,546 for no pool and -$134,735 for no garage. Net adjustment: -$157,390.
Adjusted -$42,151 for 171 sqft less living space and +$1,904 for being newer. Net adjustment: -$40,247.
Adjusted -$147,405 for 598 sqft less living space and +$17,135 for being newer and -$134,735 for no garage. Net adjustment: -$265,005.
Adjusted -$145,926 for 592 sqft less living space and -$5,712 for being older. Net adjustment: -$151,638.
The Neighborhood
This home is valued 15.1% 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
below averageThis home is -15.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,553 across all districts. With a homestead exemption claimed, that drops to $4,789 — saving $1,764 per year. That's $399 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% | $4,599 |
| Williamson County | County | 0.3694% | $1,405 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $380 |
| Williamson County FM/Rd | County | 0.0443% | $169 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $6,553 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $337,900 would pay approximately $2,109 per month (principal and interest only, excluding taxes and insurance).