2020 CR 474, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $58,326 and $725,157, with a best estimate of $492,077. That places the property above the X006330I - THRALL ISD NON-CITY median of $447,610, in a neighborhood that appreciated 2.2% over the past year.
Estimated Value Range
$492,077
$517,770
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 $58,326 and $725,157 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$31,305 for 127 sqft more living space and +$5,712 for being newer and -$134,735 for no garage. Net adjustment: -$97,718.
Adjusted +$109,691 for 445 sqft more living space and +$5,712 for being newer. Net adjustment: +$115,403.
Adjusted -$111,909 for 454 sqft less living space. Net adjustment: -$111,909.
Adjusted -$27,854 for 113 sqft less living space and +$13,327 for being newer. Net adjustment: -$14,527.
Adjusted -$27,854 for 113 sqft less living space and +$15,231 for being newer. Net adjustment: -$12,623.
The Neighborhood
This home is valued 15.7% 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
above averageThis home is +15.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,923 across all districts. With a homestead exemption claimed, that drops to $7,134 — saving $1,789 per year. That's $595 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% | $6,263 |
| Williamson County | County | 0.3694% | $1,913 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $518 |
| Williamson County FM/Rd | County | 0.0443% | $230 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $8,923 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $492,077 would pay approximately $3,072 per month (principal and interest only, excluding taxes and insurance).