4000 CR 473, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $-114,734 and $493,440, with a best estimate of $277,441. 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
$277,441
$266,116
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 $-114,734 and $493,440 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$25,636 for 104 sqft more living space and -$108,523 for being older. Net adjustment: -$82,887.
Adjusted -$65,568 for 266 sqft less living space and -$95,196 for being older. Net adjustment: -$160,764.
Adjusted +$13,804 for 56 sqft more living space and -$89,484 for being older. Net adjustment: -$75,680.
Adjusted +$7,395 for 30 sqft more living space and -$125,658 for being older. Net adjustment: -$118,263.
Adjusted -$152,581 for 619 sqft less living space and -$47,598 for being older and -$134,735 for no garage. Net adjustment: -$334,914.
The Neighborhood
This home is valued 40.5% 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 -40.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,631 across all districts. With a homestead exemption claimed, that drops to $2,889 — saving $1,742 per year. That's $241 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% | $3,219 |
| Williamson County | County | 0.3694% | $983 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $266 |
| Williamson County FM/Rd | County | 0.0443% | $118 |
| Lower Brushy Creek WCID | Water | 0.0169% | $45 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7403% | $4,631 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $277,441 would pay approximately $1,732 per month (principal and interest only, excluding taxes and insurance).