4525 CR 480, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $104,952 and $536,293, with a best estimate of $237,633. That places the property above the AM40SDXI - MH EAST median of $179,286, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$237,633
$679,057
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $104,952 and $536,293. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$54,946 for 576 sqft less living space and +$17,858 for being newer. Net adjustment: -$37,088.
Adjusted -$44,262 for 464 sqft less living space. Net adjustment: -$44,262.
Adjusted -$3,053 for 32 sqft less living space and +$41,670 for being newer. Net adjustment: +$38,617.
Adjusted -$39,778 for 417 sqft less living space and +$65,481 for being newer. Net adjustment: +$25,703.
Adjusted -$65,629 for 688 sqft less living space and +$17,858 for being newer. Net adjustment: -$47,771.
The Neighborhood
This home is valued 278.8% above the AM40SDXI - MH EAST median of $179,286. With 922 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.7% over the past year.
AM40SDXI - MH EAST
outlier highThis home is +278.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $971 across all districts. With a homestead exemption claimed, that drops to $271 — saving $700 per year. That's $23 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% | $681 |
| Williamson County | County | 0.3694% | $208 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $56 |
| Williamson County FM/Rd | County | 0.0443% | $25 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $971 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $237,633 would pay approximately $1,483 per month (principal and interest only, excluding taxes and insurance).