2201 CR 474, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $271,122 and $548,652, with a best estimate of $474,748. 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
$474,748
$378,046
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in X006330I - THRALL ISD NON-CITY. The estimated range of $271,122 and $548,652 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$120,783 for 490 sqft less living space and +$15,231 for being newer. Net adjustment: -$105,552.
Adjusted -$29,580 for 120 sqft less living space and +$1,904 for being newer. Net adjustment: -$27,676.
Adjusted -$41,411 for 168 sqft less living space and +$20,943 for being newer. Net adjustment: -$20,468.
Adjusted -$36,974 for 150 sqft less living space and -$17,135 for being older. Net adjustment: -$54,109.
Adjusted -$47,820 for 194 sqft less living space and -$15,231 for being older. Net adjustment: -$63,051.
The Neighborhood
This home is valued 15.5% 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 -15.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,638 across all districts. With a homestead exemption claimed, that drops to $1,905 — saving $1,733 per year. That's $159 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% | $2,553 |
| Williamson County | County | 0.3694% | $780 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $211 |
| Williamson County FM/Rd | County | 0.0443% | $94 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $3,638 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $474,748 would pay approximately $2,963 per month (principal and interest only, excluding taxes and insurance).