20120 FM 619, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $96,024 and $708,581, with a best estimate of $387,424. 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
$387,424
$424,184
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 $96,024 and $708,581. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$53,983 for 219 sqft less living space and +$20,943 for being newer. Net adjustment: -$33,040.
Adjusted -$11,832 for 48 sqft less living space and +$19,039 for being newer. Net adjustment: +$7,207.
Adjusted +$40,425 for 164 sqft more living space and -$13,327 for being older and -$42,546 for no pool and -$134,735 for no garage. Net adjustment: -$150,183.
Adjusted +$7,888 for 32 sqft more living space and -$17,135 for being older. Net adjustment: -$9,247.
Adjusted -$107,965 for 438 sqft less living space and -$19,039 for being older. Net adjustment: -$127,004.
The Neighborhood
This home is valued 5.2% 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
typicalThis home is -5.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,310 across all districts. With a homestead exemption claimed, that drops to $5,538 — saving $1,772 per year. That's $462 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% | $5,131 |
| Williamson County | County | 0.3694% | $1,567 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $424 |
| Williamson County FM/Rd | County | 0.0443% | $188 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $7,310 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $387,424 would pay approximately $2,418 per month (principal and interest only, excluding taxes and insurance).