18050 FM 619, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $35,117 and $2,013,901, with a best estimate of $349,461. 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
$349,461
$337,871
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 $35,117 and $2,013,901. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$45,848 for 186 sqft more living space and +$30,463 for being newer and +$134,735 for having a garage. Net adjustment: +$211,046.
Adjusted +$17,255 for 70 sqft more living space and +$22,847 for being newer. Net adjustment: +$40,102.
Adjusted -$119,797 for 486 sqft less living space and -$45,694 for being older and +$134,735 for having a garage. Net adjustment: -$30,756.
Adjusted -$10,353 for 42 sqft less living space and -$87,580 for being older and +$134,735 for having a garage. Net adjustment: +$36,802.
Adjusted -$267,202 for 1,084 sqft less living space and -$28,559 for being older. Net adjustment: -$295,761.
The Neighborhood
This home is valued 24.5% 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 -24.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,823 across all districts. With a homestead exemption claimed, that drops to $4,067 — saving $1,756 per year. That's $339 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% | $4,087 |
| Williamson County | County | 0.3694% | $1,248 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $338 |
| Williamson County FM/Rd | County | 0.0443% | $150 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $5,823 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $349,461 would pay approximately $2,181 per month (principal and interest only, excluding taxes and insurance).