505 E ELM ST, GRANGER, TX 76530
GRANGER, 76530 — williamson County
Property at a Glance
This home is estimated between $74,921 and $282,152, with a best estimate of $164,116. 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
$164,116
$154,662
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in J501330I - GRANGER ISD CITY, this home's estimated market value is between $74,921 and $282,152. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$10,797 for 76 sqft more living space and +$4,294 for being newer. Net adjustment: +$15,091.
Adjusted -$13,355 for 94 sqft less living space and -$19,324 for being older and -$72,576 for no garage. Net adjustment: -$105,255.
Adjusted +$1,137 for 8 sqft more living space and -$10,736 for being older. Net adjustment: -$9,599.
Adjusted -$5,399 for 38 sqft less living space and -$5,368 for being older. Net adjustment: -$10,767.
Adjusted -$35,234 for 248 sqft less living space and -$17,177 for being older. Net adjustment: -$52,411.
The Neighborhood
This home is valued 22.4% below the J501330I - GRANGER ISD CITY median of $199,286. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.0% over the past year.
J501330I - GRANGER ISD CITY
below averageThis home is -22.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,809 across all districts. With a homestead exemption claimed, that drops to $2,088 — saving $1,721 per year. That's $174 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 |
|---|---|---|---|
| Granger ISD | School | 1.2093% | $1,870 |
| Granger | City | 0.8400% | $1,299 |
| Williamson County | County | 0.3694% | $571 |
| Williamson County FM/Rd | County | 0.0443% | $69 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4631% | $3,809 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $164,116 would pay approximately $1,024 per month (principal and interest only, excluding taxes and insurance).