501 E ELM ST, GRANGER, TX 76530
GRANGER, 76530 — williamson County
Property at a Glance
This home is estimated between $163,160 and $455,963, with a best estimate of $248,732. That places the property above the J501330I - GRANGER ISD CITY median of $199,286, in a neighborhood that declined 1.0% over the past year.
Estimated Value Range
$248,732
$278,124
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in J501330I - GRANGER ISD CITY, this home's estimated market value is between $163,160 and $455,963. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$19,322 for 136 sqft more living space and +$26,839 for being newer and -$72,576 for no garage. Net adjustment: -$26,415.
Adjusted +$9,945 for 70 sqft more living space and +$25,766 for being newer and -$72,576 for no garage. Net adjustment: -$36,865.
Adjusted -$5,399 for 38 sqft less living space and +$105,210 for being newer. Net adjustment: +$99,811.
Adjusted +$76,718 for 540 sqft more living space and +$64,414 for being newer and -$72,576 for no garage. Net adjustment: +$68,556.
Adjusted +$54,839 for 386 sqft more living space and +$66,561 for being newer. Net adjustment: +$121,400.
The Neighborhood
This home is valued 39.6% above the J501330I - GRANGER ISD CITY median of $199,286. With 446 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.0% over the past year.
J501330I - GRANGER ISD CITY
above averageThis home is +39.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,624 across all districts. With a homestead exemption claimed, that drops to $4,881 — saving $1,743 per year. That's $407 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 |
|---|---|---|---|
| Granger ISD | School | 1.2093% | $3,252 |
| Granger | City | 0.8400% | $2,259 |
| Williamson County | County | 0.3694% | $994 |
| Williamson County FM/Rd | County | 0.0443% | $119 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4631% | $6,624 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $248,732 would pay approximately $1,553 per month (principal and interest only, excluding taxes and insurance).