850 FM 619 SPUR, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $-158,613 and $1,496,737, with a best estimate of $519,151. 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
$519,151
$273,210
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 $-158,613 and $1,496,737. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$27,608 for 112 sqft more living space. Net adjustment: +$27,608.
Adjusted -$30,565 for 124 sqft less living space and -$114,235 for being older. Net adjustment: -$144,800.
Adjusted -$155,046 for 629 sqft less living space and -$144,697 for being older. Net adjustment: -$299,743.
Adjusted -$58,173 for 236 sqft less living space and -$194,199 for being older. Net adjustment: -$252,372.
Adjusted +$149,377 for 606 sqft more living space and -$184,679 for being older. Net adjustment: -$35,302.
The Neighborhood
This home is valued 39.0% 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 -39.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,708 across all districts. With a homestead exemption claimed, that drops to $2,965 — saving $1,743 per year. That's $247 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% | $3,305 |
| Williamson County | County | 0.3694% | $1,009 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $273 |
| Williamson County FM/Rd | County | 0.0443% | $121 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $4,708 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $519,151 would pay approximately $3,241 per month (principal and interest only, excluding taxes and insurance).