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505 N ALLIGATOR ST, GRANGER, TX 76530

GRANGER, 76530 — williamson County

3 bed2 bath1,421 sqftBuilt 2000

Property at a Glance

This home is estimated between $54,356 and $304,214, with a best estimate of $117,940. That places the property below the J501330I - GRANGER ISD CITY median of $199,286, in a neighborhood that declined 1.0% over the past year.

Estimated Value Range

$54,356 $304,214
Best Estimate
$117,940
WCAD Value
$282,972
Medium Confidence

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 $54,356 and $304,214. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

509 N DONOHOE ST, GRANGER, TX 76530
0.32 mi 98% similar Same subdivision
3 bed 1,536 sqft Built 2000
Raw Value $70,694
Adjusted Value $54,356

Adjusted -$16,338 for 115 sqft less living space. Net adjustment: -$16,338.

602 N GRANGER ST, UNIT #B, GRANGER, TX 76530
0.41 mi 96% similar Same subdivision
3 bed 2 bath 1,605 sqft Built 2009
Raw Value $233,850
Adjusted Value $198,047

Adjusted -$26,141 for 184 sqft less living space and -$9,662 for being older. Net adjustment: -$35,803.

3 bed 1,456 sqft Built 1999
Raw Value $111,273
Adjusted Value $107,375

Adjusted -$4,972 for 35 sqft less living space and +$1,074 for being newer. Net adjustment: -$3,898.

603 BIRD ST, GRANGER, TX 76530
0.44 mi 88% similar Same subdivision
3 bed 2 bath 2,321 sqft Built 2019
Raw Value $525,052
Adjusted Value $304,214

Adjusted -$127,864 for 900 sqft less living space and -$20,398 for being older and -$72,576 for no garage. Net adjustment: -$220,838.

3 bed 2 bath 1,447 sqft Built 1997
Raw Value $190,989
Adjusted Value $117,940

Adjusted -$3,694 for 26 sqft less living space and +$3,221 for being newer and -$72,576 for no garage. Net adjustment: -$73,049.

The Neighborhood

This home is valued 42.0% above the J501330I - GRANGER ISD CITY median of $199,286. With 446 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.0% over the past year.

J501330I - GRANGER ISD CITY

above average
446 Properties
$199,286 Median Value
-1.0% YoY Change
4% Have Pool
31% Have Garage
This Home
$282,972
Median
$199,286

This home is +42.0% above the subdivision median.

Tax Analysis

The estimated annual property tax is $6,773 across all districts. With a homestead exemption claimed, that drops to $5,029 — saving $1,744 per year. That's $419 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
Granger ISDSchool1.2093%$3,325
GrangerCity0.8400%$2,310
Williamson CountyCounty0.3694%$1,016
Williamson County FM/RdCounty0.0443%$122
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.4631%$6,773

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $117,940 would pay approximately $736 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 4/17/2026.

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