700 CR 474, ELGIN, TX 78621
ELGIN, 78621 — williamson County
Property at a Glance
This home is estimated between $300,846 and $897,501, with a best estimate of $385,580. 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
$385,580
$602,943
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 $300,846 and $897,501 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$68,526 for 278 sqft less living space and -$1,904 for being older. Net adjustment: -$70,430.
Adjusted +$11,585 for 47 sqft more living space and +$9,520 for being newer and +$134,735 for having a garage. Net adjustment: +$155,840.
Adjusted -$9,120 for 37 sqft less living space and -$15,231 for being older and +$134,735 for having a garage. Net adjustment: +$110,384.
Adjusted +$32,291 for 131 sqft more living space and +$3,808 for being newer and +$134,735 for having a garage. Net adjustment: +$170,834.
Adjusted -$107,719 for 437 sqft less living space and +$34,270 for being newer. Net adjustment: -$73,449.
The Neighborhood
This home is valued 34.7% 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 +34.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,325 across all districts. With a homestead exemption claimed, that drops to $6,543 — saving $1,782 per year. That's $545 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% | $5,843 |
| Williamson County | County | 0.3694% | $1,785 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $483 |
| Williamson County FM/Rd | County | 0.0443% | $214 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7234% | $8,325 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $385,580 would pay approximately $2,407 per month (principal and interest only, excluding taxes and insurance).