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2050 CR 474, ELGIN, TX 78621

ELGIN, 78621 — williamson County

2 bed640 sqftBuilt 2012

Property at a Glance

This home is estimated between $54,827 and $364,386, with a best estimate of $160,760. 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

$54,827 $364,386
Best Estimate
$160,760
WCAD Value
$1,559,980
Low Confidence

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 $54,827 and $364,386 should be treated as a rough guide.

Comparable Properties (5)

3 bed 680 sqft Built 2019
Raw Value $198,623
Adjusted Value $175,436

Adjusted -$9,860 for 40 sqft less living space and -$13,327 for being older. Net adjustment: -$23,187.

4771 CR 473, ELGIN, TX 78621
0.00 mi 90% similar Same subdivision
3 bed 1,200 sqft Built 2012
Raw Value $502,424
Adjusted Value $364,386

Adjusted -$138,038 for 560 sqft less living space. Net adjustment: -$138,038.

3904 CR 460, ELGIN, TX 78621
0.00 mi 88% similar
3 bed 798 sqft Built 2018
Raw Value $114,982
Adjusted Value $64,613

Adjusted -$38,946 for 158 sqft less living space and -$11,423 for being older. Net adjustment: -$50,369.

4901 CR 467, ELGIN, TX 78621
0.00 mi 81% similar Same subdivision
3 bed 2 bath 1,570 sqft Built 2005
Raw Value $376,674
Adjusted Value $160,760

Adjusted -$229,241 for 930 sqft less living space and +$13,327 for being newer. Net adjustment: -$215,914.

4755 CR 480, ELGIN, TX 78621
0.00 mi 79% similar
3 bed 880 sqft Built 1994
Raw Value $79,716
Adjusted Value $54,827

Adjusted -$59,159 for 240 sqft less living space and +$34,270 for being newer. Net adjustment: -$24,889.

The Neighborhood

This home is valued 248.5% above the X006330I - THRALL ISD NON-CITY median of $447,610. With 1,269 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.2% over the past year.

X006330I - THRALL ISD NON-CITY

outlier high
1,269 Properties
$447,610 Median Value
+2.2% YoY Change
4% Have Pool
36% Have Garage
This Home
$1,559,980
Median
$447,610

This home is +248.5% above the subdivision median.

Tax Analysis

The estimated annual property tax is $1,021 across all districts. With a homestead exemption claimed, that drops to $286 — saving $735 per year. That's $24 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

DistrictTypeRateAnnual Amount
Thrall ISDSchool1.2096%$717
Williamson CountyCounty0.3694%$219
Williamson County ESD #10 - CouplandESD0.1000%$59
Williamson County FM/RdCounty0.0443%$26
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7234%$1,021

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $160,760 would pay approximately $1,003 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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