4700 CR 480, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $-95,541 and $418,530, with a best estimate of $287,263. 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
$287,263
$351,087
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 $-95,541 and $418,530. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$10,353 for 42 sqft less living space and -$180,871 for being older. Net adjustment: -$191,224.
Adjusted +$80,851 for 328 sqft more living space and -$194,199 for being older. Net adjustment: -$113,348.
Adjusted -$231,953 for 941 sqft less living space and -$186,583 for being older. Net adjustment: -$418,536.
Adjusted -$1,972 for 8 sqft less living space and -$0 for being older and -$134,735 for no garage. Net adjustment: -$136,707.
Adjusted +$3,944 for 16 sqft more living space and -$207,526 for being older. Net adjustment: -$203,582.
The Neighborhood
This home is valued 21.6% 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 -21.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,051 across all districts. With a homestead exemption claimed, that drops to $4,292 — saving $1,759 per year. That's $358 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% | $4,247 |
| Williamson County | County | 0.3694% | $1,297 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $351 |
| Williamson County FM/Rd | County | 0.0443% | $156 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $6,051 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $287,263 would pay approximately $1,793 per month (principal and interest only, excluding taxes and insurance).