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1050 FM 619 SPUR, ELGIN, TX 78621

ELGIN, 78621 — williamson County

3 bed374 sqftBuilt 2017

Property at a Glance

This home is estimated between $-200,523 and $1,532,040, with a best estimate of $-66,355. 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

$-200,523 $1,532,040
Best Estimate
$-66,355
WCAD Value
$157,545
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 $-200,523 and $1,532,040 should be treated as a rough guide.

Comparable Properties (5)

3 bed 1,216 sqft Built 2022
Raw Value $93,759
Adjusted Value $-123,311

Adjusted -$207,550 for 842 sqft less living space and -$9,520 for being older. Net adjustment: -$217,070.

400 FM 619 SPUR, ELGIN, TX 78621
0.00 mi 74% similar Same subdivision
3 bed 2 bath 1,609 sqft Built 1996
Raw Value $1,796,480
Adjusted Value $1,532,040

Adjusted -$304,422 for 1,235 sqft less living space and +$39,982 for being newer. Net adjustment: -$264,440.

3 bed 1,976 sqft Built 2019
Raw Value $332,339
Adjusted Value $-66,355

Adjusted -$394,886 for 1,602 sqft less living space and -$3,808 for being older. Net adjustment: -$398,694.

651 FM 619 SPUR, ELGIN, TX 78621
0.00 mi 66% similar Same subdivision
3 bed 2 bath 4,884 sqft Built 1994
Raw Value $2,114,520
Adjusted Value $1,046,613

Adjusted -$1,111,697 for 4,510 sqft less living space and +$43,790 for being newer. Net adjustment: -$1,067,907.

3 bed 1,656 sqft Built 2001
Raw Value $85,022
Adjusted Value $-200,523

Adjusted -$316,008 for 1,282 sqft less living space and +$30,463 for being newer. Net adjustment: -$285,545.

The Neighborhood

This home is valued 64.8% 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

outlier low
1,269 Properties
$447,610 Median Value
+2.2% YoY Change
4% Have Pool
36% Have Garage
This Home
$157,545
Median
$447,610

This home is -64.8% below the subdivision median.

Tax Analysis

The estimated annual property tax is $2,715 across all districts. With a homestead exemption claimed, that drops to $993 — saving $1,722 per year. That's $83 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%$1,906
Williamson CountyCounty0.3694%$582
Williamson County ESD #10 - CouplandESD0.1000%$158
Williamson County FM/RdCounty0.0443%$70
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7234%$2,715

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $-66,355 would pay approximately $-414 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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